Decision (EU) 2017/2442 of the European Central Bank
of 8 December 2017
amending Decision (EU) 2016/2164 on the approval of the volume of coin issuance in 2017 (ECB/2017/39)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 128(2) thereof,
Whereas:
The European Central Bank (ECB) has the exclusive right since 1 January 1999 to approve the volume of coins issued by the Member States whose currency is the euro.
On 19 October 2017, the Italian Ministry of Finance requested that the volume of euro coins that Italy may issue in 2017 be increased from EUR 96,0 million to EUR 141,0 million to be able to respond to an unexpected rise in the demand for coins. The ECB has approved this request for an increase in the volume of euro coins intended for circulation that Italy may issue in 2017.
Therefore, Decision (EU) 2016/2164 (ECB/2016/43) should be amended accordingly,
HAS ADOPTED THIS DECISION:
Article 1Amendment
The table in Article 1 of Decision (EU) 2016/2164 (ECB/2016/43) is replaced by the following:
‘(EUR million)
Volume of euro coins approved for issuance in 2017
Circulation coins
Collector coins
Volume of coin issuance
(not intended for circulation)
Belgium
51,0
1,0
52,0
Germany
419,0
219,0
638,0
Estonia
9,7
0,3
10,0
Ireland
30,7
0,8
31,5
Greece
106,3
0,6
106,9
Spain
359,3
30,0
389,3
France
224,3
51,0
275,3
Italy
139,2
1,8
141,0
Cyprus
14,0
0,1
14,1
Latvia
16,3
0,3
16,6
Lithuania
30,0
0,3
30,3
Luxembourg
17,7
0,2
17,9
Malta
10,2
0,2
10,4
Netherlands
25,0
4,0
29,0
Austria
87,2
181,8
269,0
Portugal
62,0
3,0
65,0
Slovenia
24,0
2,0
26,0
Slovakia
15,6
1,4
17,0
Finland
35,0
10,0
45,0
Total
1 676,5
507,8
2 184,3’
Article 2Taking effect
This Decision shall take effect on the day of its notification to the addressees.
Article 3Addressees
This Decision is addressed to the Member States whose currency is the euro.
Done at Frankfurt am Main, 8 December 2017.
The President of the ECB
Mario Draghi