Austria and the euro
04 February 2008by eub2 -- last modified 04 February 2008
Austria joined the European Union in 1995 and was in the first wave of EU countries to adopt the euro on 1 January 1999.
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Austria at a glance
Surface area: 83 858 km2
Population: 8 298 923 (Eurostat 2007, provisional figure)
Joined the European Union: 1 January 1995
Currency: Euro since 1 January 1999 (formerly Austrian schilling, ATS)
Euro information
Status: Euro-area member since 1 January 1999
Fixed conversion rate: €1 = 13.7603 AST
Adoption of the euro: The euro banknotes and coins were
introduced in Austria on 1 January 2002, after a transitional period of
three years when the euro was the official currency but only existed as
'book money'. The dual circulation period – when both the schilling and
the euro had legal tender status – ended on 28 February 2002.
Exchange of former national currency: The Österreichische Nationalbank (Austrian National Bank) continues to exchange schilling banknotes and coins for an unlimited period.
Euro hotline Austria: +43 1 514 33 2226
Documents and publications
- Our money. Purchase power and price stability in Austria (Unser Geld. Kaufkraft und Preisstabilität in Österreich)
Opinion polls and surveys
- Public opinion and the single currency (Eurobarometer website)
Downloads
- 'Stability and Security' campaign (2004-2005) (press adverts, TV spots)
-
National sides of Austrian euro coins
-
Austrian commemorative coins
Euro websites
Institutions
- Österreichische Nationalbank (National Bank of Austria, also in English)
- Bundesministerium für Finanzen (Federal Ministry of Finance, also in English)
- Münze Österreich (Austrian Mint, also in English)
Business
- Euro Info Centres Austria
- Wirtschaftskammern Österreichs (Austrian Federal Economic Chamber, also in English)
- The Austrian Business Agency
Consumers
Konsument ABO (Consumers Association of Austria)Source: European Commission