stability over the medium - term. it is primarily about a temporary increase in price levels after the changeover, a fear which has been reinforced by what is reported in the italian media. indeed, 65 % of maltese respondents believe that the euro will result in a one - time increase in prices. and this despite the fact that around 60 % considered that the euro will deliver price stability in the medium - term ; and that a large majority are aware of the various initiatives that are being taken to limit price abuse and consider that the dual display of prices 3 is helping people get used to the new currency. 4 53 % and 43 %, respectively. according to the april 2007 nso survey, 91. 4 % of respondents. the first observation is based on the results of flash eurobarometer survey no. 207. the second and third observations are based on the national statistics office survey which was conducted a few weeks after the completion of fieldwork for the eurobarometer survey. while corroborating many of the findings reported in the eurobarometer survey, including the same level of concern about potential price abuses, the nso survey reveals some facts which are not discernible through the questions featuring in the eurobarometer survey, including the two reported here. what is equally striking is the fact that while a high level of education and young age are correlated with a positive attitude towards the euro, there is no discernible pattern across age groups or education levels when it comes to expectations about the potential inflationary impact of the changeover. apprehension is widespread. these findings suggest the need for a communications campaign that gives the issue of inflation perceptions priority attention, as well as for effective price monitoring mechanisms. measures are being taken on both fronts. inflation perceptions are being addressed in tv slots, newspaper articles and official statements. these messages will be intensified in the coming months. as far as pricing abuses are concerned, the national euro master plan has invited businesses to adopt dual display from january 2007 and makes it mandatory from the day the irrevocable conversion rate is fixed until the end of june 2008. the dual display of prices has gained momentum since the introduction of the fair - pricing agreements in retailing ( fair ) initiative towards the end of last year as a voluntary, self - regulating mechanism whereby businesses commit to refrain from increasing prices simply as a result of the changeover. they, in turn, benefit from nationwide publicity recognising their commitment to adopt a code of conduct. 5 in addition

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