100 days until Euro arrives
Amidst all the talk of the global financial crisis and war, the introduction of the single currency on January 1 is still on schedule and for those businesses in the Balearics, the least prepared region in Spain, they have, from Sunday, just 100 days left to adapt. Balearic banks have already taken possession of their first loads of the new Euro and are also issuing bank statements in Euros so that the general public can start adjusting to the single currency. Mints are currently producing 15'000 million Euro notes and 50'000 million Euro coins. The Euro notes will come in seven denominations, 5, 10, 20, 50, 100, 200 and the largest note will be 500 Euros. Shops and businesses will receive notes before the end of the year, but the general public will not be able to get their hands on the notes until January 1. The coins will come in denominations of 1, 2, 5, 10, 20, 50 cents and there will also be one and two Euro coins.
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