ECB Press Release

PRESS RELEASE - Update on the euro cash changeover, 7 January 2002.

The first week of the introduction of the euro banknotes and coins appears to have been a great success for the new money. Both the acceptance by consumers and the achievement of logistical targets have surpassed all expectations. Dr. Willem F. Duisenberg, President of the European Central Bank (ECB), stated that "the euro is on its way to passing its final exam very successfully. The first days of the euro cash changeover wer