Two Mediterranean island states, Cyprus and Malta, have begun using the euro, joining 13 other countries.
The countries' leaders made symbolic withdrawals of euros from cash machines just minutes into the New Year. Major bank branches opened for a few hours in Cyprus despite the New Year holiday. The Maltese celebrated the euro's arrival with fireworks.
Cyprus and Malta have added just 1.2 million people to the number of Europeans using the single currency. But they will have equal voting rights with the other 13 eurozone members at the European Central Bank.
Blogged with Flock
No comments:
Post a Comment