Re: ECU and euro - both exist

Date: Wed Oct 22 1997 - 14:42:57 EDT

Sir may I add,that the ECU you are reffering to has unfortunately been
registered as "EURO-CURRENCY SIGN" which is definately very misleading.
Specially now that the "Euro" is to be introduced (both in Unicode and ISO 10646).
We have asked the corresponding bodies to foresee to change this name via
the usual practice in the standardisation field i.e. by amendment.
European Commission
IT Department

> Folks,
> It might help the raging discussion to point out that the ECU and the
> euro are not the same, and that both exist - the ECU already for a
> couple of years as a unit of currency for electronic transfer of funds
> mainly between European financial institutions; the euro will spring to
> life by January 1999. There are no coins or notes in ECU currency -
> that explains why we have not seen them. The ECU is only electronic
> money, the euro will be real in your pockets.
> Since both exist, they better have their own code in 10646 and Unicode.
> The long standing ECU has 20A0, the newer euro is being assigned 20AC by
> SC2/WG2 and by the Unicode Consortium.
> So let us accept the euro in 20AC in the Unicode/10646 world and
> concentrate on finding a practical and safe solution for the 8-bit
> world. 8859-15 (Latin 0), replacing 8859-1 as the default West Europen
> character set, will not achieve this goal. It will not be safe, when
> mixed with 8859-1 data in data bases without data tagging.
> Regards
> Arnold F. Winkler - Standards Management
> Tel: 610-993-7305, (Unisys NET-322-7305)
> Fax: 610-695-5473

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