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12/11/2001
Euro to have detrimental effect on border region
Concerns have been raised that the imminent introduction of the euro in the Republic of Ireland could have a detrimental effect on the economy of Northern Ireland’s border regions.
This is according to former SDLP leader John Hume who believes the UK’s failure to adopt the new currency, which will take effect on January 1, could undo valuable trade links with other states established over the years
From January 1 euro banknotes and coins will be in circulation in the Republic alongside the punt, which ceases to become legal tender on February 9 - and like the currencies of the 11 other European member states signed up to the single currency, will withdrawn from use at the end of February 2002.
While Mr Hume said people living near the border were experienced in dealing with the drawbacks of currency exchange, failure to join the euro would only “exacerbate these problems”. (MB)
This is according to former SDLP leader John Hume who believes the UK’s failure to adopt the new currency, which will take effect on January 1, could undo valuable trade links with other states established over the years
From January 1 euro banknotes and coins will be in circulation in the Republic alongside the punt, which ceases to become legal tender on February 9 - and like the currencies of the 11 other European member states signed up to the single currency, will withdrawn from use at the end of February 2002.
While Mr Hume said people living near the border were experienced in dealing with the drawbacks of currency exchange, failure to join the euro would only “exacerbate these problems”. (MB)
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07 January 2002
Changeover to the euro will have widespread effects on NI businesses
The Republic of Ireland has joined the new European currency revolution by exchanging the Irish Punt for the euro, but what will this mean for Northern Ireland businesses? Businesses on both sides of the border are busy coming to terms with the currency changes, but it is only now becoming clear how drastic the changes will really be.
Changeover to the euro will have widespread effects on NI businesses
The Republic of Ireland has joined the new European currency revolution by exchanging the Irish Punt for the euro, but what will this mean for Northern Ireland businesses? Businesses on both sides of the border are busy coming to terms with the currency changes, but it is only now becoming clear how drastic the changes will really be.
17 May 2002
SDLP back move towards adoption of euro
The Finance Minister Dr Sean Farren has welcomed the strong indication that the Labour government may be moving closer to recommending entry into the Eurozone. Dr Farren said: “The SDLP has long been committed to the Euro and believes that Northern Ireland increasingly loses out the longer we remain outside the Eurozone.
SDLP back move towards adoption of euro
The Finance Minister Dr Sean Farren has welcomed the strong indication that the Labour government may be moving closer to recommending entry into the Eurozone. Dr Farren said: “The SDLP has long been committed to the Euro and believes that Northern Ireland increasingly loses out the longer we remain outside the Eurozone.
13 February 2002
Farren congratulates Republic on Euro changeover
Sean Farren, the SDLP's North Antrim Assembly Member and Minister of Finance and Personnel, has said that the sooner Northern Ireland is fully part of the euro and able to enjoy all its benefits the better it would be for the province.
Farren congratulates Republic on Euro changeover
Sean Farren, the SDLP's North Antrim Assembly Member and Minister of Finance and Personnel, has said that the sooner Northern Ireland is fully part of the euro and able to enjoy all its benefits the better it would be for the province.
09 January 2002
Euro currency issues threaten business meltdown
IT recruitment specialists Sanderson Recruitment has warned that the introduction of the Euro into the UK threatens to cause a nationwide business meltdown with many firms failing to take on board the sheer size of the task associated with the expected currency change.
Euro currency issues threaten business meltdown
IT recruitment specialists Sanderson Recruitment has warned that the introduction of the Euro into the UK threatens to cause a nationwide business meltdown with many firms failing to take on board the sheer size of the task associated with the expected currency change.
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