Do you know how many pesetas there are to a euro? Have you an idea what a euro note looks like? do you realise that in just under two months time the euro will be introduced? These are key questions and I doubt that some people in Majorca either know the answer or realise how close the single currency is. Banks have already started operating in euros and many have got a fright to be handed a balance sheet in euros rather than pesetas. Is the Balearics prepared for the single currency? I don't think so. This state of confusion will cause serious problems on January 1 and the following weeks and months. Why didn't the government, the regional authorities make more of an effort to make sure that everyone living here knew everything about the single currency. Its not as if it was introduced at short notice. The government has had years to prepare but little has been done and now we are facing a nightmare scenario. I was told the other night that New Year's Eve revellers will be handed their change in euros after mid night which is bound to cause confusion. Already the elderly are being targetted by people who are offering to change their pesetas into euros. The practice is widespread on the mainland and hundreds of OAPs have been fooled.
The Euro blues
06/11/2001 00:00
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