Effect of the Euro, the currency of European Union, on the necessity of adjusting Polish businesses to doing business in new conditions

Abstract

The new euro, a single currency of the European Union, arrived on January 1, 2002. Seven new banknotes and eight coins replaced the currencies, which were so far in force in twelve member countries The paper describes basic legislation relating to the introduction of the euro and different stages of executing that undertaking. Visual characteristics of the euro banknotes and coins have been presented as well as the tables on the national cash changeover plans have been provided. Due to the economic contacts between Poland and the member countries of the European Union and Polish future membership in the EU, some necessary changes have been presented which concern the introduction of the new currency.

Authors and Affiliations

Katarzyna Kluska

Keywords

Related Articles

Projektowanie procesów logistycznych w systemach wytwarzania

Badania struktury kosztów logistycznych w wielu krajach wykazały, że podstawowym ich składnikiem są koszty transportu (przepływów). Redukcję kosztów transportu w systemach wytwarzania uzyskać można poprzez optymalizację...

Administrative penalties imposed on unemployed persons

The representatives of the doctrine rarely mention the aspect of imposing specific sanctions on unemployed persons for the infringement of the rules of Polish administrative substantive law. The paper attempts to discuss...

The historical cost principle and the fair value concept: The basic measures of the value of synthetic financial instruments

The contemporary global financial market is characterized by the fact that most financial instruments can be replicated. The replication procedures involve the construction of a new financial instrument through combining...

Využitie ONE pri rozvoji regiónu východného Slovenska

Jedným z kľúčových faktorov zefektívnenia poľnohospodárskej výroby, je využitie biomasy, čo môže významne prispieť aj k zlepšeniu ekonomickej a sociálnej situácie v ekonomicky znevýhodnených regiónoch, medzi ktoré východ...

Evaluation criteria of real estate attractiveness in the opinion Tarnów residents – preferences of potential real estate purchasers

Comparative method is the one used while evaluating estate, which depends on comparing the estate being evaluated with similar real estate, which was the subject of sale transaction. The comparison is performed in respec...

Download PDF file
  • EP ID EP122199
  • DOI -
  • Views 79
  • Downloads 0

How To Cite

Katarzyna Kluska (2004). Effect of the Euro, the currency of European Union, on the necessity of adjusting Polish businesses to doing business in new conditions. Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie, 5(1), 51-62. https://www.europub.co.uk/articles/-A-122199