Communication from the Commission to the European Parliament, the Council, the European Central Bank, the European Economic and Social Committee and the Committee of the Regions and the European Bank. Sixth report on the practical preparations for the future enlargement of the euro area.

Abstract

Following the Council decisions of 10 July 2007 that Cyprus and Malta fulfil the necessary conditions for the adoption of the euro on 1 January 2008,1 the practical preparations for the introduction of the euro are currently being completed in both countries. This report addresses these final preparations, in particular the introduction of euro cash into the economy, the state of the private sector's preparations as well as the state of public opinion on the euro in Cyprus in Malta. The attached Commission staff working paper provides for more technical details on the preparations in both countries and in the other Member States concerned. The report follows five reports on the state of practical preparations for the future enlargement of the euro area, which were issued between November 2004 and July 2007.