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The Euro and Italy

Friday, March 2nd, 2007 Posted in About Italy | No Comments »

Italy is one of twelve European Union countries who have changed over to a single currency, the euro (E). The transition period, which began on January 1, 1999, is however ... Read more..

Costs, Money And Banks

Friday, March 2nd, 2007 Posted in About Italy | No Comments »

Until the euro currency was introduced in 2002 , the Italian unit of money was the lira (plural lire), abbreviated as L or £. The exchange rate hovers around £3000 ... Read more..