Central Banking

Parliament worries over euro note chaos

Arnd HUCHZERMEIER from the Beisheim Graduate School of Management in Vallendar Germany warned MEPs of the Economic and Monetary Affairs Committee of chaos on 1 January next with many small shops in Germany forced to close within 30 minutes of opening and taxi drivers in Germany stopping work before lunch time owing to a shortage of small change in euros.

Mr Huchzermeier made a special plea for small denominations (5 and ten euro notes) to be available to consumers before 31 December 2001. In

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