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Will new EU countries make their own Euros?
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<p>[QUOTE="chrisild, post: 168565, member: 39"]Well, the decision about whether Malta meets the convergence criteria will be made next year, probably in the first half of 2007. Based on the Commission's report, the Council will then agree or not. But currently the outlook is fairly good. Cyprus also aims at joining in 2008.</p><p><br /></p><p>As for Slovenia, yes, the country picked the "big bang" changeover. In <b>mid-December</b> the starter kits will be available (not that exciting though, since many people in the country are already familiar with the euro coins and notes). Between <b>1 January</b> and 14-Jan-2007 both SIT and EUR cash will be legal tender (but stores are supposed to primarily give change in euro cash). As from <b>15 January</b>, the euro will be the sole legal tender. Tolar cash can be exchanged at commercial banks (until 1 March or so), and then at the central bank, with a 10 year redemption period for coins.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 168565, member: 39"]Well, the decision about whether Malta meets the convergence criteria will be made next year, probably in the first half of 2007. Based on the Commission's report, the Council will then agree or not. But currently the outlook is fairly good. Cyprus also aims at joining in 2008. As for Slovenia, yes, the country picked the "big bang" changeover. In [b]mid-December[/b] the starter kits will be available (not that exciting though, since many people in the country are already familiar with the euro coins and notes). Between [b]1 January[/b] and 14-Jan-2007 both SIT and EUR cash will be legal tender (but stores are supposed to primarily give change in euro cash). As from [b]15 January[/b], the euro will be the sole legal tender. Tolar cash can be exchanged at commercial banks (until 1 March or so), and then at the central bank, with a 10 year redemption period for coins. Christian[/QUOTE]
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