BOI pleads banks to hold back from euro rush

ITALY - The Bank of Italy, fearing overcrowding at banking counters in the first days of the change over from the lira to the euro in January 2002, has urged Italian banks to persuade their clients there is no hurry.

The Italian Treasury said on Apr 13 that the Bank of Italy made the plea in the ministry's by-weekly publication on the switch to euro notes that will begin on January 1, 2002.

"If (clients) have not yet changed their money (after the period of double circulation is over on Februar