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Home > About Slovenia > Publications > Slovenia News > Slovenia News 22 November 2005 > Central Bank Official Says Euro One of the Hardest Tasks Ever
 
Central Bank Official Says Euro One of the Hardest Tasks Ever
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Ljubljana, 18 November

The changeover to the euro will be one of the most difficult projects that the central bank has ever undertaken, a central bank official has told a presentation of Slovenia's euro coins.

Brane Bertoncelj, the head of the department for cash transactions at the central bank, told Monday's debate that the actual physical conversion represents only a minor part of the project, although it is the part that the people will experience most directly.
The Bank of Slovenia estimates that 234 million euro coins will be necessary, to replace about the same number of tolar coins which will be destroyed.
After a mint is selected, the coins will be sent to five banks, which will be in charge of distributing them to vendors, retailers and cash machines, he explained.
The Bank of Slovenia will also make starter cash kits for vendors and individuals to get acquainted with the new coins and bills.
The presentation also featured Miljenko Lucul, whose effigies for the Slovenian euro coins were selected by an expert jury and confirmed by the government.

More articles from this issue:

Foreign Policy
Foreign Policy Committee Sings Praise to Slovenia's OSCE Role
Ljubljana, 16 November
Slovenia to Seek Renewed Arbitration on LB Debt
Ljubljana, 16 November
Government
Govt Establishes Reform Coordination Office
Ljubljana, 17 November
Govt Establishes Two More Privatisation Groups
Ljubljana, 17 November
Parliament
PM Jansa Believes Now is the Right Time for Reforms
Ljubljana, 16 November
Economy
Macedonia Invites Slovenian Investors
Ljubljana, 18 November
EU Topics
Conference Says EU Must Embrace Globalisation
Portoroz, 17 November
EU Keeps GDP and Inflation Forecast Unchanged for Slovenia
Brussels, 17 November
Central Bank Official Says Euro One of the Hardest Tasks Ever
Ljubljana, 18 November
Culture
Project on Culture Profile to Promote Slovenia
Ljubljana, 21 November
People
Extreme Swimmer Wants to Conquer Amazon
Ljubljana, 21 November
Tourism
Slovenian Ski Resorts Expect Good Season
Kranjska Gora, 16 November
Calendar of Events
Schedule of Events from 22 to 27 November

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