Governments set for euro changeover windfall

PT       2001-05-30 
Euro-zone governments could make a windfall gain of about E6bn if their citizens fail to exchange all of their national currencies for euro notes and coins, according to a new report. A study by two academics forecasts that the windfall profit will emerge because large numbers of people will forget or not bother to return old currency to banks before the deadline for conversion to euros. A large part of unreturned currency are likely to be coins forgotten in piggy banks or not changed because of their low value.