Greenwich Report On European Corporates Reveals Few Making Preparations For EMU

CORPORATES

Despite an overwhelming consensus that European Monetary Union (EMU) is likely to proceed on schedule, many European corporates are not making any serious plans for the switch to a single currency, according to Greenwich Associates' recently released annual report on European corporate banking and finance practices.

These "disturbing" results are the findings of a study of over 2,000 corporate finance executives in 13 European countries, including Belgium, France, Germany, Ireland, Italy, the

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