Euros become majority currency in Ireland

IRELAND - The amount of euros in circulation has for the first time surpassed the amount of pounds in circulation, according to latest figures from the Central Bank of Ireland. At close of business on Thursday, the Central Bank had issued 148 million euro banknotes and 1,011 million euro coins with a total value of €2.942 billion (£2.315 billion).

The corresponding value of pounds in circulation was €2.717 billion - a fall of 42 per cent from December 21st, 2001. The strongest decline has been