News Burst: The euro will cost Europe £30 billion

The symbol for the new European currency will cost Europe's largest companies around £30bn in computer upgrades according to accountancy firm KPMG.
Written by Richard Barry, Contributor

According to the survey, 200 companies questioned about the euro thought adapting to it would cost nothing. "What a remarkeable assumption. People should realise nothing to do with computers and the future is free," said Mark Poole, a director at a London law firm. "It's going to cost us an arm and a leg. Then we'll have to fork out another pot of cash for the millennium bug."

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