ECB Press Release

PRESS RELEASE - Update on the euro cash changeover, 11 January 2002.

Almost two weeks after the introduction of the euro banknotes and coins, the cash changeover can be considered as being very successful and, from the point of view of consumers, almost complete, as it is expected that nearly all cash transactions will be processed in euro by the end of the week.

Professor Eugenio Domingo Solans, member of both the Governing Council and the Executive Board of the European Central Bank (ECB), to