Banking

EU to Offer Assistance in Dual Currency Unification

Published 3 years ago Marco Hernandez3y ago • Bookmarks: 34

cucs, dual monetary system — The EU has offered their expertise to assist in converting the dual monetary system to a single currency in Cuba.

An offer to assist in the unification of Cuba’s dual currency system has been made by a European Union (EU) official on a visit to Havana this week. The main objective of the visit is the preparation of a cooperation agreement on renewable energy. Cuba has been using two currencies for the last 10 years,…

TO READ THE FULL STORY:

Unbiased reporting on economic news and business developments in Cuba by industry sector

0 comments

Write a comment... Cancel reply

You must be logged in to post a comment.

Peter Pan, Residential Schools and the Flexibility of Evil

Published 1m ago - Keith Bolender

It started in November 1960 when Catholic priests handed out pamphlets to their congregations in churches throughout Havana. The priests said the information sheet, known as the Apocrifa, the Acts of Parents Authority, was proof the revolutionary government wa... More »

“Life is Beautiful,” Interview with Cuban Pianist Marcos Madrigal

Published 3w ago - T.K. Hernandez

The last time I talked to Marcos Madrigal, Cuban classical pianist, and Director of the Habana Clásica Festival, he was on a train to Lugano, “città del mio cuore” (city of my heart) to make a new recording of Ildebrando Pizzetti’s works for voice and piano. B... More »