Ireland's euro transition outpaces EU

IRELAND - Ireland is outpacing other euro-zone countries in the euro changeover with the number of Irish pounds in circulation falling almost twice as fast as other national currencies, reports an Irish newspaper.

The Central Bank of Ireland said there's 30% less Irish currency in circulation since year-end. The ECB said circulation of EU national banknotes fell 18% in the first week of 2002, the paper reports.

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