The euro is coming!

The euro is coming, the euro is coming! This installment of the Global Innovators Series probes preparations being made around the globe for this long-awaited unified European currency, which begins its 11-country, three-step phase-in on January 1, 1999.

Having hopefully made progress scrubbing their systems clean of potentially debilitating Year 2000 bugs, many multinationals around the world and Main Street merchants throughout Europe are now turning their attention to euro compliance.

Some are taking a proactive approach, but the majority appear to be caught in severe "analysis paralysis", as one observer notes.

Everyone will need to snap to, and fast. The cost and complexity of identifying, testing and fixing operational systems is enormous. And some gurus believe the technical and business process issues involving euro conversions are much trickier to resolve than those surrounding the Year 2000. For banks, the situation is particularly precarious because financial instruments will be bought and sold in euros starting next January.

It should be interesting to see which European financial institutions are still standing on July 1, 2002, the day participating countries' currencies are forever dissolved.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Alan Alper

PC World
Show Comments

Brand Post

Shining a light on creativity

MSI has long pushed the boundaries of invention with its ever-evolving range of laptops but it has now pulled off a world first with the new MSI Creative 17.

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?