# L_2007317EN.01008101.xml

| 5.12.2007 | EN | Official Journal of the European Union | L 317/81 |
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5.12.2007

EN

Official Journal of the European Union

L 317/81

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DECISION OF THE EUROPEAN CENTRAL BANK

of 23 November 2007

on the approval of the volume of coin issuance in 2008

(ECB/2007/16)

(2007/790/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty establishing the European Community, and in particular to Article 106(2) thereof,

Having regard to Article 1 of Council Decision 2007/503/EC of 10 July 2007 in accordance with Article 122(2) of the Treaty on the adoption by Cyprus of the single currency on 1 January 2008 (1),

Having regard to Article 1 of Council Decision 2007/504/EC of 10 July 2007 in accordance with Article 122(2) of the Treaty on the adoption by Malta of the single currency on 1 January 2008 (2),

Whereas:

| (1) | The European Central Bank (ECB) has the exclusive right from 1 January 1999 to approve the volume of coins issued by the Member States that have adopted the euro (hereinafter the participating Member States). |
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(1)

The European Central Bank (ECB) has the exclusive right from 1 January 1999 to approve the volume of coins issued by the Member States that have adopted the euro (hereinafter the participating Member States).

| (2) | The derogation in favour of Cyprus and Malta referred to in Article 4 of the 2003 Act of Accession has been abrogated with effect from 1 January 2008. |
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(2)

The derogation in favour of Cyprus and Malta referred to in Article 4 of the 2003 Act of Accession has been abrogated with effect from 1 January 2008.

| (3) | The 13 current participating Member States, Cyprus and Malta have submitted to the ECB for approval their estimates of the volume of euro coins to be issued in 2008, supplemented by explanatory notes on the forecasting methodology, |
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(3)

The 13 current participating Member States, Cyprus and Malta have submitted to the ECB for approval their estimates of the volume of euro coins to be issued in 2008, supplemented by explanatory notes on the forecasting methodology,

HAS DECIDED AS FOLLOWS:

Article 1

Approval of the volume of euro coins to be issued in 2008

The ECB hereby approves the volume of euro coins to be issued by the participating Member States in 2008 as described in the following table:

| (EUR million) |
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| | Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2008 |
| Belgium | 130,0 |
| Germany | 655,0 |
| Ireland | 114,0 |
| Greece | 97,3 |
| Spain | 550,0 |
| France | 500,0 |
| Italy | 375,2 |
| Cyprus | 147,4 |
| Luxembourg | 49,0 |
| Malta | 56,7 |
| Netherlands | 57,5 |
| Austria | 185,0 |
| Portugal | 50,0 |
| Slovenia | 39,0 |
| Finland | 60,0 |

(EUR million)

Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2008

Belgium

130,0

Germany

655,0

Ireland

114,0

Greece

97,3

Spain

550,0

France

500,0

Italy

375,2

Cyprus

147,4

Luxembourg

49,0

Malta

56,7

Netherlands

57,5

Austria

185,0

Portugal

50,0

Slovenia

39,0

Finland

60,0

Article 2

Final provision

This Decision is addressed to the participating Member States.

Done at Frankfurt am Main, 23 November 2007.

The President of the ECB

Jean-Claude TRICHET

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(1)  
  OJ L 186, 18.7.2007, p. 29.

1

(2)  
  OJ L 186, 18.7.2007, p. 32.

2

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