Posted by Bob on December 06, 1999 at 15:37:04:
In Reply to: Question for European Folk posted by Ken on December 04, 1999 at 04:46:40:
Nothin' to do with me!! I'm in Switzerland!
The folks in the EU have decided to only have one currency.
That's why they've introduced the Euro.
It will take some time for all of them to convert properly.
Until then, the local currency will still be valid, eg DM etc.
BUT!
They will always need the Swiss Francs to hide the money that the taxman should not see!!
As normal, Ms/Mr Anyone can only lose out. The people who win are the big internationals.
They have a chance to raise prices and reduce jobs.
Any comments from Germany?
Bob