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A Closer Look (Currency: Euro and American Dollar) #180239

ABC Evening News for Monday, May 04, 1998
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(Studio: Peter Jennings) The decision by 11 nations in Europe to use a common currency called the euro noted.

(No location given: Robert Krulwich) The reasons for a single European currency explained; examples cited to show how the European consumer and businesses will be helped by a standard currency and how Europe's social programs will have to be rethought.

(Studio: Peter Jennings) The nervousness about the euro introduced.

(New York: John Miller) The reaction of the criminal world to a standard euro dollar featured. [Princeton professor Ken ROGOFF - says the euro dollars will be lighter.] [Interpol Paul HIGDON - says the euro will be prone to counterfeiting.]

(Studio: Peter Jennings) The amount of bills and coins in Europe that will need to be converted noted.

Reporter(s):
Jennings, Peter;
Krulwich, Robert;
Miller, John
Duration:
00:05:20

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