1. The Euro
... Frankfurt will be transformed into the European Central Bank, which will determine the common monetary policy. The current head of the central bank of the Netherlands, Wim Duisenberg, is expected to become the first president of the ECB. (Santer, Jacques) Currently the Euro currency is in a three-year transition period until 2002. Right now European companies are converting their accounts to Euros, and in 2002, Euro notes and coins will be circulated ... in the different countries. However, there is still discussion of what the coins ... ...
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