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Implementation of a Single European Currency: Report on a Survey of British Banks and Building Societies

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Abstract

It has been recognised by politicians, central banks, the European Commission and other authorities, and by the financial community, that the introduction of a single currency in the European Union would be a major undertaking, taking years to plan and implement and with a significant cost. However, until now there has been inadequate information about the practicalities.

This is a shortened version (by the ACE Secretariat) of the APACS/BBA report, issued on 23 February 1995, of a British survey undertaken in conjunction with the European Banking Federation.

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© 1996 Palgrave Macmillan, a division of Macmillan Publishers Limited

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British Bankers’ Association and Association for Payment Automated Clearing Services. (1996). Implementation of a Single European Currency: Report on a Survey of British Banks and Building Societies. In: Taylor, C. (eds) European Monetary Union: The Kingsdown Enquiry. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24825-4_45

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