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Cyprus And Malta .. Countdown To The Euro  
User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Posted (6 years 9 months 1 week 5 days 16 hours ago) and read 3046 times:

On 1st January Cyprus and Malta will join the Euro. This will be good for tourists from the Euro zone going on vacation . What to our Cypriot and Maltese members feel about it and how is the transition going??







72 replies: All unread, showing first 25:
 
User currently offlineKlaus From Germany, joined Jul 2001, 21480 posts, RR: 54
Reply 1, posted (6 years 9 months 1 week 5 days 16 hours ago) and read 3040 times:

Nice coins, anyway! Big grin

User currently offlineB747forever From Sweden, joined May 2007, 17067 posts, RR: 10
Reply 2, posted (6 years 9 months 1 week 5 days 15 hours ago) and read 3022 times:

Think it is really good for this to Islands to change to Euros. Wish that we in Sweden could do it also.


Work Hard, Fly Right
User currently offlineLHStarAlliance From , joined Dec 1969, posts, RR:
Reply 3, posted (6 years 9 months 1 week 5 days 14 hours ago) and read 3014 times:

the coins look great !

User currently offlineBwest From Belgium, joined Jul 2006, 1370 posts, RR: 4
Reply 4, posted (6 years 9 months 1 week 5 days 13 hours ago) and read 3008 times:



Quoting LHStarAlliance (Reply 3):
the coins look great !

Indeed! Very nice designs. The move to the Euro might bring even more tourists to the two island states...



I love my Airport Job! :)
User currently offlineMD11junkie From Argentina, joined May 2005, 3148 posts, RR: 57
Reply 5, posted (6 years 9 months 1 week 5 days 13 hours ago) and read 3007 times:

Is this something Turkey is willing to give up just to join the EU?

Because I know they'd go the other way Greece went when talking about Cyprus.  Wink

Gaston - The MD11junkie



There is no such thing as Boeing vs Airbus as the queen of the skies has three engines, winglets and the sweetest nose!
User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Reply 6, posted (6 years 9 months 1 week 5 days 11 hours ago) and read 2985 times:



Quoting LHStarAlliance (Reply 3):
the coins look great !

Yes I love the designs. They reflect the culture of the two Islands. Note that on the Cypriot coins they are in Greek and Turkish to represent both communities on the whole Island. The North of Cyprus will also adopt the currency unofficially as at present they use the Turkish lira. The Euro will be better for the economy of the North. Its probably the only time you will see Turkish on any Euro coin as Turkey still has major hurdles to jump to gain entry to the club let alone join the Euro.


User currently offlineME AVN FAN From Switzerland, joined May 2002, 13920 posts, RR: 25
Reply 7, posted (6 years 9 months 1 week 5 days 8 hours ago) and read 2955 times:



Quoting MD11junkie (Reply 5):
Is this something Turkey is willing to give up just to join the EU?

The Euro in Turkey is an important inofficial currency. Thousands of Turkish companies do their accounting and calculating in Euro and convert into TL on daily rates for day-to-day business. And the Turkish tax-office accepts tax-declarations done in Euro.


User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Reply 8, posted (6 years 9 months 1 week 5 days 7 hours ago) and read 2946 times:



Quoting ME AVN FAN (Reply 7):
Thousands of Turkish companies do their accounting and calculating in Euro and convert into TL on daily rates for day-to-day business.

If I remember right the Former Yugoslav countries used the German Mark for a while when they first split from Serbia ???
Cuba even welcomes the Euro now.


User currently offlineL410Turbolet From Czech Republic, joined May 2004, 5718 posts, RR: 18
Reply 9, posted (6 years 9 months 1 week 5 days 7 hours ago) and read 2946 times:

No one "offended" by the cross on Maltese Euros yet???  Confused  Confused  Confused

Any info on how many coins will be minted for respective countries? I guess they will be quite rare to come across since both countries are so small {pop. 400,000; 800,000 respectively).


User currently offlineMD11Engineer From Germany, joined Oct 2003, 14030 posts, RR: 62
Reply 10, posted (6 years 9 months 1 week 5 days 7 hours ago) and read 2942 times:

AFAIK, East Timor also uses the Euro.

Jan


User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Reply 11, posted (6 years 9 months 1 week 5 days 7 hours ago) and read 2937 times:



Quoting L410Turbolet (Reply 9):
I guess they will be quite rare to come across since both countries are so small {pop. 400,000; 800,000 respectively).

The coins have been made in Bordeux, theres actually a program on it now on Euro news !!! They just said the amount but I missed it !! I found this article though ::

http://www.maltamedia.com/artman2/publish/financial/printer_3464.shtml

First consignment of Maltese euro coins arrives
By MaltaMedia News
Sep 15, 2007 - 10:22:49 AM

The first consignment of Maltese euro coins arrived at the Freeport from Le Havre, France in sealed in containers on Friday.

Six containers in all were unloaded. The money that will be in circulation from January 1 will remain in the strong room that has been constructed on purpose within the Armed Forces of Malta’s (AFM) headquarters in Hal Far.

Other containers carrying more coins are expected to arrive in the coming days.

Malta will not be producing its banknotes but will be using 80 million banknotes with a value of €1 billion from stocks of the European system of central banks. The euros that will be used in Malta will come from the Banco d'Italia. The notes are expected to arrive later on this year.

Malta’s first euro coins were minted during a ceremony at Monnaie De Paris’ Pessac minting plant in France in July. The French minting company won the contract to produce Malta’s euro coins after a tender was issued by the Central Bank of Malta in October 2006.

The three designs that will feature on the eight faces of national Euro coins are the Maltese Cross, the Maltese Coat of Arms and the Mnajdra Temples, following of public consultation which came to an end in 2006.

-------------------------------------

Some info on the Cyprus ones here :::

http://www.ibiblio.org/theeuro/files/files.nat/cyprus.s01.htm

Quoting L410Turbolet (Reply 9):
No one "offended" by the cross on Maltese Euros yet??? Confused Confused Confused

LOL.....


User currently offlineBA757 From United Kingdom, joined Dec 2003, 2832 posts, RR: 14
Reply 12, posted (6 years 9 months 1 week 5 days 6 hours ago) and read 2928 times:



Quoting B747forever (Reply 2):
Wish that we in Sweden could do it also.

It's high time we got the Euro here too.


User currently offlineL410Turbolet From Czech Republic, joined May 2004, 5718 posts, RR: 18
Reply 13, posted (6 years 9 months 1 week 5 days 6 hours ago) and read 2925 times:

Maybe we should do another round of the "Where do Euro coins in your wallet come from???" survey. I'd really like to get the idea to what extent national versions of Euros spread accross EUrope. Of course German, French, Italian or Spanish Euro coins will most likely dominate due to the size of those countries/economies but it would fun to find out:
How often do people in Finland get Portuguese or Slovenian Euro coins as a change? Or Luxembourg Euros in Greece for that matter? Has anyone ever physically came across a Vatican-minted Euro coins? ...


User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Reply 14, posted (6 years 9 months 1 week 5 days 6 hours ago) and read 2920 times:



Quoting L410Turbolet (Reply 13):
but it would fun to find out:
How often do people in Finland get Portuguese or Slovenian Euro coins as a change? Or Luxembourg Euros in Greece for that matter? Has anyone ever physically came across a Vatican-minted Euro coins? ...

Well that would be interesting. From my experience you get alot more in the Summer months as people are coming back from holidays. In Ireland we get Spanish/German/French mostly and I also noticed a few Greek ones and Italian . Last Winter we got alot from Austria and France after the Ski season ..... Very rare are Finnish/Dutch/Belgian.

On my wallet right now its 50% Irish and 50% Greek ( I was there last week).

I actually collect a set of each but I have not got San Marino or Vatican as they are like gold dust . I would love to get a Maltese and Cypriot set. I asked at the Bank of Cyprus last week in Athens but they were not getting any .


User currently offlineBraybuddy From Ireland, joined Aug 2004, 5741 posts, RR: 32
Reply 15, posted (6 years 9 months 1 week 5 days 4 hours ago) and read 2900 times:



Quoting Klaus (Reply 1):
Nice coins, anyway!

Yup! Pity they didn't use more imagination with the common sides of the coins. AFAIK that is being modified next year to show the newer countries, so I assume the Maltese and Cypriot ones have this new reverse (or is it obverse?). I'll look forward to getting these attractive new coins in my change.

Quoting MD11Engineer (Reply 10):
AFAIK, East Timor also uses the Euro.

And it's also the currency of French overseas terretories: French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Saint-Barthélemy, Saint Martin and Mayotte, and also the Azores and Madeira.

Quoting L410Turbolet (Reply 13):
Maybe we should do another round of the "Where do Euro coins in your wallet come from???" survey. I'd really like to get the idea to what extent national versions of Euros spread across EUrope

Just checking the change bowl on my bedside table and there are around 70 coins of various denominations in there, and surprisingly there are only two foreign ones, a Dutch and a French 50c.


User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Reply 16, posted (6 years 9 months 1 week 5 days 4 hours ago) and read 2897 times:

Just saw the news item again :::

For Malta , 200m coins have been minted with a value of around EUR 58m euro


User currently offlineAndaman From , joined Dec 1969, posts, RR:
Reply 17, posted (6 years 9 months 1 week 5 days 2 hours ago) and read 2883 times:



Quoting L410Turbolet (Reply 13):

How often do people in Finland get Portuguese or Slovenian Euro coins as a change? Or Luxembourg Euros in Greece for that matter? Has anyone ever physically came across a Vatican-minted Euro coins? ...

Haven't seen any Slovenian coins in Finland, seen Portuguese and other Southern-European Euro coins every now and then especially in the summer when Finns bring them home from the tourists resorts. The Finnish speciality is that we use less cash than any other Euro nation, and the smallest 1 and 2 cent coins haven't ever been in use in Finland, only some were minted for the collecters.

Welcome Malta & Cyprus! I hope our neighbours Sweden and Estonia would join too, would be more practical when travelling.
The map of Europe on the Euro coins has changed a bit from the original, the new version is more realistic. For an example you can find also Norway there now and that makes Finland & Sweden not looking like man's genitals any more... Wink


User currently offlineFridgmus From United States of America, joined Oct 2006, 1442 posts, RR: 10
Reply 18, posted (6 years 9 months 1 week 4 days 20 hours ago) and read 2860 times:
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It's gonna suck for us Americans, given the Euro/USD exchange rate. Of course the CYP/USD wasn't all that good either! I spent two weeks on Cyprus in May 2004. What a beautiful place.


The Lockheed Super Constellation, the REAL Queen of the Skies!
User currently offlineME AVN FAN From Switzerland, joined May 2002, 13920 posts, RR: 25
Reply 19, posted (6 years 9 months 1 week 4 days 17 hours ago) and read 2844 times:



Quoting OA260 (Reply 8):
If I remember right the Former Yugoslav countries used the German Mark

Montenegro changed from the "Yugoslav Dinar" to the Euro while it still was in political union with Serbia, and as far as I know still used the Euro as its currency. The Euro in fact is gradually creeping into Switzerland with shops in a 50 kms border zone (MOST cities of Switzerland are in the "zone" !) accepting Euros and automatically showing CHF+EUR amounts of all receipts, with banks having Euro accounts, with the Postfinance accepting payments in Euros with Euro-payment-forms, with companies using the Euro as the billing currency in case of exportations etc .
-


User currently offlineGkirk From UK - Scotland, joined Jun 2000, 24938 posts, RR: 56
Reply 20, posted (6 years 9 months 1 week 4 days 17 hours ago) and read 2838 times:

Very sad news for the Cypriots and Maltese people  Sad


When you hear the noise of the Tartan Army Boys, we'll be coming down the road!
User currently offlineAndaman From , joined Dec 1969, posts, RR:
Reply 21, posted (6 years 9 months 1 week 4 days 17 hours ago) and read 2831 times:

Quoting ME AVN FAN (Reply 19):

The Euro in fact is gradually creeping into Switzerland

Sounded like plague   What people think about Euro in Switzerland generally? Could you imagine Euro in Switzerland, if it was an EU member of course? I would guess the CHF is a strong national symbol.

Quoting Gkirk (Reply 20):
Very sad news for the Cypriots and Maltese people

Are you sure they are sad?

[Edited 2007-12-26 03:06:41]

User currently offlineME AVN FAN From Switzerland, joined May 2002, 13920 posts, RR: 25
Reply 22, posted (6 years 9 months 1 week 4 days 17 hours ago) and read 2825 times:



Quoting Gkirk (Reply 20):
Very sad news for the Cypriots and Maltese people Sad

What is sad about this ??? For Malta and Cyprus it is a glorious day !  thumbsup   thumbsup  Beside of course being very good for business. And for Turkey, it is at least a very nice day as Turkey, via the Turkish Republic of Northern Cyprus, now has another way to gradually move into the Euro-Zone. I expect them to do a defacto change to the Euro within a few years, simply dropping the Turkish Pound, either entirely or to the status of a theoretical currency.


User currently offlineBA757 From United Kingdom, joined Dec 2003, 2832 posts, RR: 14
Reply 23, posted (6 years 9 months 1 week 4 days 16 hours ago) and read 2817 times:



Quoting Gkirk (Reply 20):
Very sad news for the Cypriots and Maltese people Sad

Your a dinosaur mate, you need to evolve.

Things change, no need to carry on living in the past ignoring change.


User currently offlineOA260 From Ireland, joined Nov 2006, 27034 posts, RR: 58
Reply 24, posted (6 years 9 months 1 week 4 days 16 hours ago) and read 2815 times:



Quoting ME AVN FAN (Reply 22):
via the Turkish Republic of Northern Cyprus

Reading a recent article , The self proclaimed TRNC relies more and more on the South of the divide for trade and health services . Alot of Turkish Cypriots are applying for Greek Cypriot passports. Turkish Cypriots also get full social and health benefits in the Greek side also.

Quoting Gkirk (Reply 20):
Very sad news for the Cypriots and Maltese people

Not at all. Whilst Malta and Cyprus have strong economies , being EU members it will actually make trade alot more simple. A leading Maltese businessman was being interviewed on TV last night. The main worry among Maltese is that traders will use the introduction to increase prices. But every member state has this issue . We had it here in Ireland also. Its a win win situation . If Scotland gets independance one day they may be knocking on the door to get in to the Euro!!


25 Post contains images ME AVN FAN : - The dinosaurs were unable to evolve and to change, they otherwise would still be roaming the Bush ! - A) TRNC since its start was based on its inte
26 Gkirk : Quite possibly, or we'd develop an independent Scottish monetary scheme. You're saying that like it's a joke? Are you against the Scots?
27 Post contains images ME AVN FAN : NO, no, no, I like Scotland and the Scots. And also BUT I think that an independent Scotland rather should join the Euro right from the start -
28 Post contains images Braybuddy : That's a common misconception:
29 OA260 : I dont think he is against Scots LOL.....some of the best lovers are Scots .....but thats a whole new thread LOL..... I mean un trust worthy traders
30 ME AVN FAN : I have been on the Whiskyship Zurich (with Whisky/Whiskey) from Scotland and Ireland and even have become a member of the regional Whisky-Club ! Chee
31 Singapore_Air : Congraultions to the people of Cyprus and Malta on taking another step towards greater controlled European integration.
32 LTU932 : Kosovo accepts the Euro and I believe the same applies in Serbia (or maybe just in Belgrade), which previously also accepted the German Mark. I've ne
33 Post contains images Braybuddy : I don't remember a single instance of something jumping overnight by 7%! I could understand in the instance quoted the price jumping to €14, but
34 OA260 : Why do that ??? They did it in Greece also and alot of the time they short change you !!! Monies money and all adds up 2c here and there . If I buy s
35 Braybuddy : Sure, but if shops price in individual cent then they it should be mandatory that they round the price down to the nearest 5c, the way they did in Au
36 Post contains images Krushny : Curiously Cyprus has not put current religious signs (like the cross or the crescent moon) in the euro coins. The designs are quite nice , though I m
37 Post contains images OA260 : " target=_blank>http://www.ibiblio.org/theeuro/files...1.htm
38 Post contains images ME AVN FAN : - "accepts" ? The Kosovo ONLY accepts the Euro, and uses the Euro as its currency, while countries like Serbia simply accept payment in Euro in some
39 Andaman : Yes, of course the prices rounded down to the nearest 5c in Finland too. And the shops have to accept (foreign) 1c and 2c coins, but you don't see th
40 Ajd1992 : Why? The Pound is the only British thing left, we're officially metric like most of the world, we've got rubbish beer and apart from TVR and Rover, n
41 Post contains images BR076 : One and only shop that still use 1c coins over here is Aldi , I now always pay with plastic there.
42 Post contains images Klaus : If that was true, you wouldn't have anything to lose anyway. You wouldn't be an actual nation in any case. I actually thought you'd got more than tha
43 Post contains images ME AVN FAN : Rover apparently belongs to Ford and so is US-American.
44 Post contains images Kiwiandrew : no , you still have that other great British tradition , moaning and whining about the EU/Euro
45 Matt727 : Nice to see that more countries join the Euro. Hopefully in the future, I know that I'll vote YES again.
46 ME AVN FAN : The British Pound is, as far as I am informed, the oldest currency on earth, and indeed quite a tradition. But the days when a country needed to have
47 Joni : Mostly we get our own coins (although as someone pointed out we don't use much cash), then Spanish, German or Dutch ones - other countries' versions
48 VC10 : I think you will find that Rover is owned by a Chinese company and TVR is owned by a Russian millionaire. Land Rover a separate company is owned by F
49 Post contains images ME AVN FAN : - Sure. It just depends on what is done up for sale. If the Royals vacated the Buckingham Palace and relocated to Hampton Court Palace, the Buckingha
50 Post contains images VC10 : This might sound silly, but with the British mentality at the moment this could happen very soon, especially when President Brown hears about it. If
51 ME AVN FAN : I feel tempted to write to "President" Brown, even if visiting the Buckingham Palace is not exactly my thing as it has exactly the architecture of th
52 OA260 : Well I ordered my set of Cyprus Euro coins today on Ebay !!! Got a set of 8 for EUR12 incl shipping from Cyprus . Not bad I thought . I think I will o
53 Post contains images LTU932 : Here's a proposal for Mr Brown: join the Euro and Schengen-Dublin and get the Republic of Ireland to join Schengen-Dublin in the process.
54 Braybuddy : Yep, unfortunately we're being held up on this by the UK. If we were to join, the UK would introduce passport control between the UK and Ireland, and
55 OA260 : If that happened it would drag the border area back to the times of the troubles. There is still strong feeling around here when it comes to British
56 Alessandro : Hmm, so many inaccurate €uros on Ebay, Norwegian, Swedish, Macedonian, San Marino, Monte Carlo, Kosovo sets? Are they allowed to sell or only as "fa
57 OA260 : Haha must be !!! But the idea of Euro coins from The Former Yugoslav Republic of Macedonia and the Serbian province of Kosovo is more fantasy than Di
58 Post contains images Braybuddy : You left out one . .
59 OA260 : That actually looks quite nice LOL..... Never say never !!! Alot of UK businesses are usuing Euro for alot of their continental transactions. Also al
60 Braybuddy : I presume that it's BT phone boxes and Sainsbury's in the North you're talking about here OA? There would be anarchy in the UK if they accepted euro
61 GSM763 : Not sure about Sainsbury's but most BT phoneboxes here (central Scotland) accept Euros but only at some horrifying exchange rate.
62 OA260 : No West London !!! I was there to see my sister back in June and I was surprised to see they took Euro !!! The phone boxes and M&S even take Euro ...
63 Post contains images Braybuddy : I haven't been to the UK for a while. What next, a "For Sale" sign outside Buckingham Palace?
64 Post contains images ME AVN FAN : - While I know that the Greeks succeeded in forcing the Republic of Macedonia to adopt the above mentioned riciculous "title" in official organisatio
65 Post contains images OA260 : Call it what you want . I just call it by the internationally regognised name . When it changes on the international books to whatever its going to b
66 Egmcman : Ask the good people of Gibraltar that question should you decide to get some tax free shopping. It´s true some of the High Street chains accept €
67 OA260 : Its actually not bad. Sainsburys is the best then M&S then Boots . Its not much different than the banks. Sainsburys is actually slightly better than
68 ME AVN FAN : The Kosovo has no internationally recognized name, is under UN and Kosovo administration and has defacto stopped being part of Serbia. The designatio
69 OA260 : No its part of Serbia until such time as it declares independance and is regognised by the International community. Even though its administered by t
70 Post contains links OA260 : Cyprus and Malta to join eurozone Monday, 31 December 2007 12:20 The eurozone will expand from midnight tonight when Cyprus and Malta abandon the Cypr
71 ME AVN FAN : It in practical terms defacto has stopped being part of Serbia. It is a territory administered by the UN and its own elected politicians, and uses th
72 Post contains images OA260 : And then I will afford it a new name ----------------------------------------------------------------- Welcome Cyprus to the Euro !!! 43 mins ago the
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