Press Release: Cypriots and Maltese quickly starting to use the euro

Author (Corporate)
Series Title
Series Details IP/08/06 (02.01.08)
Publication Date 02/01/2008
Content Type

Cyprus and Malta adopted the euro on 1 January. All available evidence suggests that the changeover operation is proceeding very smoothly and without any noteworthy incidents. On 2 January, a significant number of cash transactions were already carried out in euro in both countries, and around 40% of citizens had only or mostly euro cash in their wallets and purses.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/6&format=HTML&aged=0&language=EN&guiLanguage=en
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