Introducing the euro

Scenarios for adopting the euro

Changing a whole economy from one currency to another is a complex process that requires careful preparations at many levels of society. One decision to be made is how the euro will be introduced: each EU country must choose among three possible scenarios the one which best meets its needs.

Preparing for the cash changeover

Changing over to another currency is a major operation which requires massive preparations in order to ensure a smooth transition.

Adoption of the fixed euro conversion rate