December 22, 2006, Newsletter Issue #216: The aims of a commom monetary policy

Tip of the Week

With the upcoming launch of EURO banknotes and coins, anyone who lives, travels, or does business in any of the 12 participating European countries will benefit from dealing in just one currency. The new banknotes feature bridges, signifying co-operation between the nations of Europe and the rest of the world. The new coins, which feature a national and a common side, can also be used in all 12 participating countries. Ideally, this means less hassle for travelers, and a simplification in the exchange of goods and services within Europe.

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