Central Banking

Euro € - Warning on readiness for euro

USA - Oracle, the world's second largest software company, has warned that companies could hit an "information technology bottleneck" in the run-up to the introduction of euro notes and coins on 1 January.

The US group,the second biggest provider of business software in Europe, said companies not ready for the euro faced disruption and high costs to adapt their accounting systems to the single currency.

The Oracle warning will reinforce the concerns of some European governments and leading

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