Yugoslav c bank converts German marks into euros

YUGOSLAVIA - About 7.9 billion German marks have been converted into euros, Yugoslav National Bank Governor Mladjan Dinkic said on Thursday.

Dinkic recalled that 31 May is the deadline for converting the currencies of the 12 European Union countries into the euro at a 0.9 per cent commission.

Speaking at a press conference, Dinkic set out that after 31 May the Accounting and Payments Bureau would include a nine per cent conversion commission, while commercial banks would be allowed even bigger

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