Logo re-launch in bid to pave way for transition

Date: 26/04/01

Under an agreement signed earlier this month, retailers are only allowed to display this logo ['Payments in euros accepted' - in the appropriate language - accompanied by a smiley face] if they agree to do the following:

• Display prices in both euros and national currencies for most of the products and services on the market beginning in September
• Show the euro price more prominently than the national currency (this applies only to retailers that start dual display during 2001)
• Comply with existing rules regarding conversion and rounding
• Continue dual pricing until at least the end of the dual circulation period
• Do not use the changeover to the euro to apply hidden price increases
• Indicate clearly how payments can be made in euros and which currency has been used in calculations