Mr Charlie McCreevy today issued a stern warning to traders who may be tempted to cash in on the introduction of the euro in January.
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Mr Charlie McCreevy
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The Minister for Finance claimed at a meeting of the Dublin Chamber of Commerce that Ireland was already feeling the benefits of the approaching change, through lower interest rates.
But he warned against the "potential pitfall" of increased prices.
"All firms have a role to play in ensuring that we avoid price increases on the occasion of the changeover."
He also said the slowdown in the global economy due to the September 11th terrorist attacks on the US could have "adverse implications" for Ireland, as the State was so dependent on international trade.
"I have no doubt that with the right approach the Irish economy can pass through these short-term difficulties," he said.
"Together with the social partners, we can maintain the successful economic environment we have created by avoiding unrealistic expectations."
"Partnership has served us well over the last few years - and will continue to do so. I believe that, with the appropriate policy response, Ireland's economic growth will return to sustainable, solid levels in the medium term as the global environment improves."