Central Bank Official Says Euro One of the Hardest Tasks Ever
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.
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