# L_2014344EN.01002701.xml

| 29.11.2014 | EN | Official Journal of the European Union | L 344/27 |
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29.11.2014

EN

Official Journal of the European Union

L 344/27

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DECISION OF THE EUROPEAN CENTRAL BANK

of 24 November 2014

amending Decision ECB/2013/46 on the approval of the volume of coin issuance in 2014

(ECB/2014/47)

(2014/856/EU)

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:

| (1) | The European Central Bank (ECB) has the exclusive right from 1 January 1999 to approve the volume of euro coins issued by the Member States whose currency is the euro. |
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(1)

The European Central Bank (ECB) has the exclusive right from 1 January 1999 to approve the volume of euro coins issued by the Member States whose currency is the euro.

| (2) | Based on the estimates of demand for euro coins in 2014 that the Member States whose currency is the euro submitted to the ECB, the ECB approved the total volume of euro coins intended for circulation and euro collector coins not intended for circulation in 2014 in Decision ECB/2013/46 (1). |
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(2)

Based on the estimates of demand for euro coins in 2014 that the Member States whose currency is the euro submitted to the ECB, the ECB approved the total volume of euro coins intended for circulation and euro collector coins not intended for circulation in 2014 in Decision ECB/2013/46 (1).

| (3) | On 8 October 2014, the Central Bank of Cyprus requested that the volume of euro coins that Cyprus may issue in 2014 be increased from EUR 5,1 million to EUR 10 million to be able to respond to an unexpected rise in the demand for coins. |
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(3)

On 8 October 2014, the Central Bank of Cyprus requested that the volume of euro coins that Cyprus may issue in 2014 be increased from EUR 5,1 million to EUR 10 million to be able to respond to an unexpected rise in the demand for coins.

| (4) | The ECB approves the abovementioned request for an increase in the volume of euro coins intended for circulation that Cyprus may issue in 2014. |
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(4)

The ECB approves the abovementioned request for an increase in the volume of euro coins intended for circulation that Cyprus may issue in 2014.

| (5) | On 24 October 2014, the Bank of Greece requested that the volume of euro coins that Greece may issue in 2014 be increased from EUR 6,856 million to EUR 12,856 million to be able to respond to an unexpected rise in the demand for coins. |
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(5)

On 24 October 2014, the Bank of Greece requested that the volume of euro coins that Greece may issue in 2014 be increased from EUR 6,856 million to EUR 12,856 million to be able to respond to an unexpected rise in the demand for coins.

| (6) | The ECB approves the abovementioned request for an increase in the volume of euro coins intended for circulation that Greece may issue in 2014. |
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(6)

The ECB approves the abovementioned request for an increase in the volume of euro coins intended for circulation that Greece may issue in 2014.

| (7) | Therefore, Decision ECB/2013/46 should be amended accordingly, |
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(7)

Therefore, Decision ECB/2013/46 should be amended accordingly,

HAS ADOPTED THIS DECISION:

Article 1

Amendment

The table in Article 1 of Decision ECB/2013/46 is replaced by the following:

| (EUR million) |
| --- |
| | Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2014 |
| Belgium | 24,925 |
| Germany | 655 |
| Estonia | 11,14 |
| Ireland | 48,96 |
| Greece | 12,856 |
| Spain | 201,24 |
| France | 267 |
| Italy | 58,36 |
| Cyprus | 10 |
| Latvia | 80,91 |
| Luxembourg | 45 |
| Malta | 10,04 |
| Netherlands | 97,5 |
| Austria | 247 |
| Portugal | 20,4 |
| Slovenia | 12 |
| Slovakia | 21,4 |
| Finland | 60’ |

(EUR million)

Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2014

Belgium

24,925

Germany

655

Estonia

11,14

Ireland

48,96

Greece

12,856

Spain

201,24

France

267

Italy

58,36

Cyprus

10

Latvia

80,91

Luxembourg

45

Malta

10,04

Netherlands

97,5

Austria

247

Portugal

20,4

Slovenia

12

Slovakia

21,4

Finland

60’

Article 2

Taking effect

This Decision shall take effect on the day of its notification to the addressees.

Article 3

Addressees

This Decision is addressed to the Member States whose currency is the euro.

Done at Frankfurt am Main, 24 November 2014.

The President of the ECB

Mario DRAGHI

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(1)  Decision ECB/2013/46 of 6 December 2013 on the approval of the volume of coin issuance in 2014 (OJ L 349, 21.12.2013, p. 109).

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