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When the time came, the banking network was indeed stretched thin. Banksys, the group that operates Belgium's ATMs, recorded about 600 cash withdrawals a minute in the first two hours of the new year. Some 200 Dutch post offices kept their doors closed on the morning of Jan. 2--the first business day of the euro era--because the postal bank, which handles the largest number of small bank accounts in the Netherlands, was not ready for the transition. In France, many motorways backed up as drivers eager to break francs into euro change skipped the credit-card...

Author: /time Magazine | Title: Follow The Money! | 1/14/2002 | See Source »

...there were still a few nagging anxieties that the euro could turn out to be a Y2K-like disaster for real. But those visions of self-destructing cash machines and riots in supermarkets didn't materialize. True, the banking network was stretched pretty thin. Banksys, the group that operates Belgium's atms, recorded some 600 cash withdrawals a minute in the first two hours of the new year. Two hundred Dutch post offices, which also function as banks for many small savers, weren't ready to open their doors on Jan. 2, the first business day of the euro...

Author: /time Magazine | Title: Out With The Old and in With the Euro | 1/14/2002 | See Source »

...Qaeda cell in Milan that was planning attacks on France, and his name surfaced in several Belgian investigations. Authorities in Brussels finally obtained sufficient evidence to arrest him on charges of membership of a terrorist organization and recruiting for a foreign army, which is illegal in Belgium. Meanwhile, in Britain, police took eight terror suspects into custody under new anti-terrorism legislation...

Author: /time Magazine | Title: World Watch | 12/31/2001 | See Source »

...grew up as Europeans. Today, the Muslim communities in these three countries are the biggest in Europe: 5 million in France, 3.2 million in Germany and 2 million in Britain. These numbers have been augmented by more recent waves of immigration to countries like Spain, the Netherlands, Italy, Belgium and the Scandinavian region...

Author: /time Magazine | Title: Islam in Europe: A Changing Faith | 12/24/2001 | See Source »

...breakthrough, investigators tell TIME, came a week after the Nov. 26 arrests of 16 men in France and Belgium suspected of providing logistical support for extremist Islamic organizations. One of the suspects held in France, a Tunisian named Adel Tebourski, told investigators he recognized Dahman, a fellow Tunisian who lived in Belgium, from news coverage that included photos of Massoud's killers. "These two were close, and they go back a long way," a French justice official said. Tebourski told police both he and Dahman were members of a radical group that played a major role in sending new recruits...

Author: /time Magazine | Title: Terror Probe: Unmasking the Killer of An Anti-Taliban Leader | 12/17/2001 | See Source »

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