GCC asks EU for currency advice

ARTICLE - Six Arab Gulf states have turned to the eurozone for advice in how to successfully start a single currency by 2010.

From The Daily Star, Lebanon, 14 October.

At this week's meeting of Gulf central bankers in Riyadh, the six Arab states vowed to press ahead with plans for monetary union and the start of a single currency.

Member states Saudi Arabia, Qatar, Bahrain, Oman, Kuwait, UAE, decided to seek the help of the European Central Bank, which rolled out euro notes and coins at the start

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