The European Union in the World

the European Commission's Delegation to Australia

[Aus] NZ 
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euro seminars

 

 

 

Overview

Advantages of the euro

Use of the euro in the world

Conversion rates

euro Coins

euro Banknotes

Recognizing  the euro - security features

Importance of the euro to Australia

International Role of the euro

benefits of single currency

euro exhibition

euro exhibition: opening in Canberra

Euro seminars

Euro Business Seminars in Australia and New Zealand

Transcript Mr Tim Harcourt

On 1 January 2002 euro notes and coins went into circulation in the 12-member euro zone in what was the largest ever currency changeover operation in history.    The success of the changeover brings to fruition a complex project and sends out an optimistic message for the continuation of the construction of Europe. 

The UK, Denmark and Sweden have, up to now, waited in the wings.  What are the prospects of their joining?  With enlargement of the European Union imminent, up to 13 more European nations will adopt the euro as their currency once they have met the European Monetary Union criteria.  How and why was the single currency brought about?  What impact is the euro having on global markets and investment flows between the European Union and Australia and New Zealand?  Are there trade implications and opportunities for Australian and New Zealand investors?

These questions and more were answered in a series of business seminars held in Australia and New Zealand during August.  Speakers from the European Commission, the European Central Bank, Deutsche Bank, Austrade and TradeNZ gave an insight as to what the advent of the euro means for "downunder".

Click here for more information on the euro

 

 

General contacts:

Information Office: Tracy Dennis Tel: + 61 2 6271 2721
Media enquiries (Australia): Roger Camilleri Tel: + 61 2 6271 2744
Website: Jan Skorich Tel: +61 2 6271 2745

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