Make 1 & 2 euro coins into notes

[Bereta_Eder]

This was proposed by the Greek banks association to the ECB.
very good move I think. In the minds of the people the 1 and 2 euro COINS are responsible for their undervaluation (alawys in the minds of the people).

Let's hope other National Banks will join this effort (Italian, Spanish and others) and so the change can be made.

[TheStinger]

I think the Germans want them turned into Marks

[Bereta_Eder]

and I think you're too english

[Flandrien]

Not likely.

Notes are more expensive to produce than coins.
That is why they chose coins in the first place.

It would be easier though.
notes = euro's
coins = cents
(just like with dollars)

[Bereta_Eder]

and it would also help contain inflationary pressures

[Bereta_Eder]

Greece's Federation of Bank
Employee Unions, representing 60,000 workers, said Europeans
tend to undervalue the real worth of the one and two euro coins.
"We believe the metallic form of these two coins is a
serious reason for their undervaluation in the minds of Greeks
and other European citizens,"

I think they are very right.

[Clear Skies]

I heard Germany was having problems with the Euro - the centrally set interest rates are giving them trouble with their domestic policy, they're trying to being down unemployment and failing. My Economics teacher reckons they'll have to drop out inside 10 years if the problem's not rectified.

[MikeH]

2 Euros isn't worth enough to be a note.

[TheStinger]

People are idiots if they place more value in notes than coins. he reason the club med countries undervalue the 1 euro coin is that in their old currencies 1 unit was worthless, they just haven't got the hang of the new system

[Bereta_Eder]

Are you too repulsed to follow an american practice with the dollars?

The concern is legitimate. You are an idiot you readcheeky gay brit pertified of german domination.

Beside you're not in the eurozone so please shut up .

[Flandrien]

But 2 euro's is worth more than 1 US dollar.

[MikeH]

We had pound notes but got rid of them years ago because they cost too much to maintain. The Americans are still behind us.

[Bereta_Eder]

you were wrong in doing so.

[TheStinger]

Originally posted by paiktis22
Are you too repulsed to follow an american practice with the dollars?

The concern is legitimate. You are an idiot you readcheeky gay brit pertified of german domination.

Beside you're not in the eurozone so please shut up .

What have dollars go to do with anything.

I'm not Gay although the relevance is somewhat confusing anyway.

No-one will be in the eurozone before long and Greece will be first out

[MikeH]

No we weren't. It's made life a lot easier. I no longer have a wallet full of manky old £1s. The coins are much nicer. Some people might have complained at the time but few people would say it was a bad thing now.