2008/21/EC: Decision of the European Central Bank of 7 December 2007 amending Decision ECB/2001/15 of 6 December 2001 on the issue of euro banknotes (ECB/2007/19)
Date: 2007-12-07
Institutions: European Central Bank
Subjects: EU Member State, European Central Bank, central bank, euro, issue of securities, paper money

4.1.2008

EN

Official Journal of the European Union

L 1/7

EUROPEAN CENTRAL BANK

DECISION OF THE EUROPEAN CENTRAL BANK

of 7 December 2007

amending Decision ECB/2001/15 of 6 December 2001 on the issue of euro banknotes

(ECB/2007/19)

(2008/21/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty
Community, and in particular Article 106(1) thereof,

establishing the European

Having regard to the Statute of the European System of Central
Banks and of the European Central Bank, and in particular
Article 16 thereof,

Whereas:

(1)

Pursuant 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) and 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), Cyprus and Malta
fulfil the necessary conditions for adoption of the euro
and the derogations granted to these Member States
the Act of accession (3) will be
under Article 4 of
abrogated with effect from 1 January 2008.

(2)

Article 1(d) of Decision ECB/2001/15 of 6 December
2001 on the issue of euro banknotes (4) defines the
‘banknote allocation key’ and refers to the Annex to
that Decision, which specifies the banknote allocation

key applying since 1 January 2007. Given that Cyprus
and Malta will adopt
the euro on 1 January 2008,
Decision ECB/2001/15 needs to be amended in order
to determine the banknote allocation key applying
from 1 January 2008,

HAS DECIDED AS FOLLOWS:

Article 1

Amendment to Decision ECB/2001/15

Decision ECB/2001/15 is amended as follows:

1. the final sentence of Article 1(d) is replaced by the following:

‘The Annex to this Decision specifies the banknote allocation
key applying from 1 January 2008.’;

2. the Annex to Decision ECB/2001/15 is replaced by the text

set out in the Annex to this Decision.

Article 2

Final provision

This Decision shall enter into force on 1 January 2008.

Done at Frankfurt am Main, 7 December 2007.

The President of the ECB

Jean-Claude TRICHET

(1) OJ L 186, 18.7.2007, p. 29.
(2) OJ L 186, 18.7.2007, p. 32.
(3) Act concerning the conditions of accession of the Czech Republic,
the Republic of Estonia, the Republic of Cyprus, the Republic of
the
Latvia,
Republic of Malta,
the Republic of
Slovenia and the Slovak Republic and the adjustments to the
Treaties on which the European Union is founded (OJ L 236,
23.9.2003, p. 33).

the Republic of Lithuania,

the Republic of Hungary,

the Republic of Poland,

(4) OJ L 337, 20.12.2001, p. 52. Decision as last amended by Decision

ECB/2006/25 (OJ L 24, 31.1.2007, p. 13).

L 1/8

EN

Official Journal of the European Union

4.1.2008

ANNEX

BANKNOTE ALLOCATION KEY FROM 1 JANUARY 2008

European Central Bank

Nationale Bank van België/Banque Nationale de Belgique

Deutsche Bundesbank

Central Bank and Financial Services Authority of Ireland

Bank of Greece

Banco de España

Banque de France
Banca d’Italia

Central Bank of Cyprus

Banque centrale du Luxembourg

Central Bank of Malta

De Nederlandsche Bank

Oesterreichische Nationalbank

Banco de Portugal

Banka Slovenije

Suomen Pankki

8,0000 %

3,2615 %

27,0880 %

1,1730 %

2,3980 %

9,9660 %

18,9915 %

16,5395 %

0,1650 %

0,2080 %

0,0825 %

5,1395 %

2,6610 %

2,2620 %

0,4215 %

1,6430 %

Total

100,0000 %