ShortNews
+ + + 3 BRANDNEW NewsTickers for your Website! + + + easy configurable in less than 1 Minute + + + GET'EM NOW! + + +

   Home | Join | Submit News | MyShortNews | HighScores | FAQ'S | Forums 1 Users Online   
   
                 09/30/2014 05:52 PM  
  ShortNews Search
search all Channels
RSS feeds
   Top News Economy
ATM Fees Rising
more News
out of this Channel...
  ShortNews User Poll
Do you support stricter gun laws?
  Latest Events
09/30/2014 03:53 PM
dolcevita receives 20 Points for very good Assessment of 'Poll: 70 Percent of Troops Say No More Boots on the Ground in Iraq'
09/30/2014 03:13 PM
captainJane receives 20 Points for Comment about 'Poll: 70 Percent of Troops Say No More Boots on the Ground in Iraq'
09/30/2014 02:42 PM
edie receives 20 Points for very good Assessment of 'Tumeric May Fight Dementia'
09/30/2014 02:41 PM
edie receives 20 Points for very good Assessment of 'ATM Fees Rising'
09/30/2014 02:41 PM
edie receives 20 Points for very good Assessment of 'Study: Dolphins Have a Certain Magnetic Quality'
09/30/2014 02:39 PM
edie receives 20 Points for very good Assessment of 'Dozen of Hikers Dead After Volcano Erupts in Japan'
09/30/2014 11:55 AM
edie receives 100 Points for News Submission of 'Amanda Bynes Arrested for DUI - Again'
09/30/2014 11:37 AM
edie receives 100 Points for News Submission of 'Study: Dolphins Have a Certain Magnetic Quality'
09/30/2014 11:03 AM
edie receives 100 Points for News Submission of 'ATM Fees Rising'
09/30/2014 10:40 AM
edie receives 100 Points for News Submission of 'Arizona Cardinals Player Jonathan Dwyer Charged With Assaulting Wife'
  5.304 Visits   2 Assessments  Show users who Rated this:
Quality:Very Good
Back to Overview  
01/01/2008 01:54 PM ID: 67406 Permalink   

Pound Ditched in Cypress for Euro

 

Cypress not only celebrated the ushering in of the New Year at 12 last night but also the introduction of the Euro as the country's currency and the ditching of the pound.

The Euro however will only be used in the southern part of the country controlled by the island's internationally recognized Greek Cypriot government and not the Nothern Cypress which will continue with the Turkish lira.

President Tassos Papadopoulos said of the introduction of the Euro: "The foundation is laid for a unified economy with a common currency." Adding, "This is the dawn of a new era and a change to our way of life."

 
  Source: news.independent.co.uk  
    WebReporter: Hugo Chavez Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  6 Comments
  
  The Pound  
 
is slowly dying... no thanks to Mr Gordon Brown and his absurd ideas of what a thriving economy is.

All part of the plan to make us all beg for the Euro.
 
  by: daniel2508     01/01/2008 03:26 PM     
  Maltese Lira gone as well  
 
Malta has also adopted the Euro as its official currency as of today.

An informative list I found today:

http://www.tomchao.com/...
 
  by: mousejunkie     01/01/2008 06:23 PM     
  @daniel2508  
 
I didn't think the Cypriot Pound was linked to the British Pound.
 
  by: Major-General   01/01/2008 09:48 PM     
  TAXI  
 
I'll get my coat.


(Nevertheless, my point remains valid)
 
  by: daniel2508     01/01/2008 09:51 PM     
  do you mean...  
 
Cyprus? Because a cypress is a tree.
 
  by: gryphon50a   01/02/2008 02:49 AM     
  CP and PS arent the same  
 
And the exchange rate mechanism linking the two was abandoned in the 60's, so no, not a statement on the economy of the UK.
Also probably a pretty bad move since most of the Cypriot economy is reliant on UK tourism.
 
  by: AnsweringQuestions     01/02/2008 09:21 AM     
 
 
Copyright ©2014 ShortNews GmbH & Co. KG, Contact: info@shortnews.com