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Document 92001E000346
WRITTEN QUESTION P-0346/01 by Helena Torres Marques (PSE) to the Commission. Distribution of euros before January 2002.
WRITTEN QUESTION P-0346/01 by Helena Torres Marques (PSE) to the Commission. Distribution of euros before January 2002.
WRITTEN QUESTION P-0346/01 by Helena Torres Marques (PSE) to the Commission. Distribution of euros before January 2002.
OJ C 187E, 3.7.2001, p. 218–219
(ES, DA, DE, EL, EN, FR, IT, NL, PT, FI, SV)
- Date of document:
- 06/02/2001; Date of transmission
- Date of dispatch:
- 06/02/2001
- Date of reply:
- 15/03/2001; Written answer
- Author:
- European Parliament, Not available
- Form:
- Written question
- Addressee:
- European Commission
- Parliamentary term:
- Fifth legislature
- Political group:
- Socialist Group in the European Parliament
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- EUROVOC descriptor:
92001E0346
WRITTEN QUESTION P-0346/01 by Helena Torres Marques (PSE) to the Commission. Distribution of euros before January 2002.
Official Journal 187 E , 03/07/2001 P. 0218 - 0219
WRITTEN QUESTION P-0346/01 by Helena Torres Marques (PSE) to the Commission (6 February 2001) Subject: Distribution of euros before January 2002 The chart reproduced at the end of the Commission's monthly bulletin entitled Preparation for the changeover to the euro indicates that retailers are to be supplied in advance with euros in the period between 1 September and 17 December 2001. Could the Commission confirm whether the above information is correct and say whether it believes that the public at large should be supplied in advance with 5 and 10 notes from 1 December 2001? Answer given by Mr Solbes Mira on behalf of the Commission (15 March 2001) The table reproduced at the end of the Commission's monthly bulletin entitled Preparation for the changeover to the euro was compiled by the Commission on the basis of contributions provided by the participating Member States. The Member States of the Economic and Monetary Union (EMU) have agreed to reduce the period of dual circulation of banknotes and coins in 2002 as much as possible. This is in order to reduce the possibility of confusion for the citizens and to alleviate the necessity for the retail sector to operate in two currencies. A banknote frontloading to the public could in effect lengthen the dual circulation period and could run counter to the reasons that led to its shortening. Moreover, banknote frontloading to the public could entail the risk of early circulation of the notes before 1 January 2002. This is why the Ministers of Finance and the Commission have concurred with the European Central Bank's position not to frontload banknotes to the public.
