A meeting of European Union finance ministers agreed to key details on plans for a European single currency.

George Lee reports on a meeting of the Ecofin council in Dublin Castle under the Irish Presidency of the European Union. The Ecofin Council is made up of the economics and finance ministers from all member states.

Minister for Finance Ruairi Quinn represents Ireland. The ministers agreed on key details of plans for the introduction of a single currency throughout the European Union.

Alexander Lamfaloussy President of the European Monetary Institute addresses a press conference after the meeting. Ruairi Quinn, speaks to RTÉ reporter George Lee about the outcome of the meeting.

This entire project is about eliminating forever that source of economic uncertainty which can turn your mortgage or your business loan into a nightmare

An RTÉ News report by George Lee broadcast on 21 September 1996