Central Banking

Spain to greet euro with video projection, TV show

SPAIN - Spain will welcome euro notes and coins 31 December 2001 with a television show and coordinated video projections in major squares across the country.

In Madrid, people have a custom of gathering at the Plaza del Sol on 31 December to eat a grape on each strike of the bells at midnight: a symbolic act to ask for good luck in the new year. Spanish families outside Madrid mostly follow this widely broadcast event on television, eating the grapes at home.

This year, the Spanish government