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Practical
Preparations for the Changeover to the Euro
As regards practical
preparations, the Department of Finance is the Department with overall
responsibility for coordinating Ireland's preparations for the changeover
to the euro. It has responsibility for coordinating the preparations of
the Irish public administration and has a key role in helping the rest
of the economy to prepare itself for the changeover.
The Department has
put in place a number of initiatives in connection with the changeover:
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The Single Currency
Officers Team (SCOT) was set up in Autumn 1995. SCOT consists of
a representative from every Government Department as well as from the Office
of the Revenue Commissioners, the Office of the Comptroller and Auditor
General, the Central Statistics Office and the National Treasury Management
Agency. The Central Bank of Ireland also participates in SCOT. SCOT's remit
is to coordinate preparations for the introduction of the euro in the public
sector. Every Government Department has prepared a detailed changeover
plan in respect of its operations, has designated a senior officer to oversee
the implementation of its plan and has applied similar arrangements as
appropriate to all bodies under its aegis. Progress reports are submitted
to the Government on how the changeover is progressing across the public
sector.
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THE EURO CHANGEOVER
BOARD OF IRELAND The Euro Changeover Board of Ireland was established
by the Minister for Finance on 5 May 1998 and has two basic tasks: to oversee
the detailed implementation of the changeover to the euro and to provide
public and consumer information. The Board includes representatives from
ICTU and IBEC, from the community and voluntary pillar of Partnership 2000
and the National Women's Council and from consumer, business, financial
and professional bodies, as well as from the European Commission Representation
and European Parliament Office in Dublin, the Central Bank of Ireland,
Forfás and relevant Government Departments. The Department of Finance
provides the Chairperson and secretariat to the Board.
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The National Information
Programme on EMU and the changeover to the euro was launched in
December 1996. The Programme is designed in phases to provide information
on EMU and the changeover to the euro as the single currency project proceeds
and is part-funded by the European Union. The first phase of the Programme
ran to end-1997 and consisted mainly of the Forfás Business Awareness
Campaign.
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The Forfás
Business Awareness Campaign aims to provide businesses with the
information they need to prepare themselves for EMU and the changeover
to the euro. The Departments of Finance and of Enterprise, Trade and Employment,
the Office of the Revenue Commissioners and the Central Bank of Ireland
are represented on the Management Committee for the Campaign. A Consultative
Committee advises on the direction of the Campaign: it includes representatives
from businesses and trade associations, from professional bodies and from
the State agencies that deal directly with businesses.
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Following the EU leaders'
confirmation in May 1998 that Ireland qualified to join EMU and adopt the
euro from 1 January 1999, a substantial Public Information Programme
was launched by the Euro Changeover Board of Ireland. This programme has
included major advertising campaigns using press, radio and television,
both before the introduction of the euro and after it; the distribution
of two information leaflets, one before the introduction of the euro and
one after it, to every household in the country; the production and widescale
distribution of a video and other publications on the changeover to the
euro; extensive distribution of posters to schools, libraries and public
offices; the setting up of a website; and the provision of a LoCall telephone
information service. The Euro Changeover Board of Ireland also administers
a programme under which non-governmental organisations receive part funding
for activities to promote awareness of the euro.
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