In two minds over single currency Life and Times, , 2 Edition

In Europe, however, a single currency is about to be introduced and Germany, an enthusiastic proponent of the Euro (the not-so-surprising name given to the currency), is about to be one of the first countries to use the new money. But how do Germans feel about this? Are they as committed as their ch...

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Published inNew Straits times
Main Authors Rose Ismail Note: Part 4., (STF) - As Germany prepares to join other European nations in the ultimate union, Germans debate on the wisdom of replacing their mighty mark with a new currency. Rose Ismail reports in the fourth part of her series on
Format Newspaper Article
LanguageEnglish
Published Kuala Lumpur The New Straits Times Press (M) Berhad 07.11.1997
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Summary:In Europe, however, a single currency is about to be introduced and Germany, an enthusiastic proponent of the Euro (the not-so-surprising name given to the currency), is about to be one of the first countries to use the new money. But how do Germans feel about this? Are they as committed as their chancellor, an ardent European, to making a success of the single currency? Klaus Weber, manager of the Department for European Integration in the Bundesbank (Germany's Central Bank) who met with Asean journalists in September, said quite openly that Germans weren't at all happy about replacing the Deutsche mark with the Euro.