Exchange rates: euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); Italian lire (Lit) per US$1 - 1,688.7 (January 1999), 1,736.2 (1998), 1,703.1 (1997), 1,542.9 (1996), 1,628.9 (1995) note: on 1 January 1999, the EU introduced a common currency that is now being used for non-cash transactions in some member countries at a fixed rate of 1,936.27 lire per euro; the euro will replace the local currency in consenting countries for all transactions in 2002

Fiscal year: calendar year

@Italy:Communications

Telephones - main lines in use: 25 million (1998)

Telephones - mobile cellular: 17.7 million (1998)

Telephone system: modern, well-developed, fast; fully automated telephone, telex, and data services domestic: high-capacity cable and microwave radio relay trunks international: satellite earth stations - 3 Intelsat (with a total of 5 antennas - 3 for Atlantic Ocean and 2 for Indian Ocean), 1 Inmarsat (Atlantic Ocean region), and NA Eutelsat; 21 submarine cables

Radio broadcast stations: AM about 100, FM about 4,600, shortwave 9 (1998)

Radios: 50.5 million (1997)

Television broadcast stations: 6,317 (of which only 117 have 2 kW or more of transmitter power) (1997)

Televisions: 30.3 million (1997)