Central Banking

Row threatens Finland's euro launch

FINLAND - A row between banks and retailers in Finland is threatening to disrupt the launch euro notes and coins.

High Street banks want businesses to pay the usual cash handling fees, even though shops will be handling a lot more money than usual in January and February.

While only 18% of banks in the eurozone as a whole will carry on charging handling fees, Finnish banks say the changeover is already costing them too much to allow fees to be waived.

"[Customers] pay according to the contract