Article: EURO: UNENTHUSIASTIC TAKE-UP BY CITIZENS AND GOVERNMENTS.

This first study brings together all available information about use of the Euro and looks into the progress of the single currency in the eleven countries in the Euro zone (the EU minus the United Kingdom, Denmark, Greece and Sweden). It is divided into three sections: use of the European currency by governments, businesses and consumers.Governments.Government use of the Euro per Euro-zone country is as follows:- In Belgium, the Ministry of Finance estimates that the Euro has been used in 4.2% of customs import and 6.7% of customs export declarations since July 1999. 2.9% of VAT returns by volume (8.1% by value) are calculated in Euros. A significant number of bids for ...

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