Abstract
In IT circles, converting systems to the euro is considered the next “Y2K.” Whereas Y2K involved correcting a set of dates, euro conversion involves currency regulations of the European Monetary Union (EMU) as well as those of the EMU member countries. Thus, migrating to the euro is far more complex than solving Y2K. To help IT managers cope with the difficulties of converting systems to the euro, the Euro Working Group (EWG) was formed. in this article, the chairman of the EWG presents the group's strategies for switching information systems to the new currency.