Decision (EU) 2015/2330 of the European Central Bank of 4 December 2015 amending Decision ECB/2014/53 on the approval of the volume of coin issuance in 2015 (ECB/2015/41)
Date: 2015-12-04
Institutions: European Central Bank
Subjects: euro, euro area, issuing of currency, money








L_2015328EN.01011901.xml










12.12.2015   


EN


Official Journal of the European Union


L 328/119








            DECISION (EU) 2015/2330 OF THE EUROPEAN CENTRAL BANK
         
of 4 December 2015
         
amending Decision ECB/2014/53 on the approval of the volume of coin issuance in 2015 (ECB/2015/41)


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 coins issued by the Member States whose currency is the euro.












(2)


Based on the estimates of demand for euro coins in 2015 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 2015 in Decision ECB/2014/53 (1).












(3)


On 1 October 2015, the Greek Ministry of Finance requested that the volume of euro coins that Greece may issue in 2015 be increased from EUR 13,3 million to EUR 52,7 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 Greece may issue in 2015.












(5)


On 2 October 2015, the Belgian Ministry of Finance requested that the volume of euro coins that Belgium may issue in 2015 be increased from EUR 0,8 million to EUR 65,8 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 Belgium may issue in 2015.












(7)


Therefore, Decision ECB/2014/53 should be amended accordingly,





HAS ADOPTED THIS DECISION:



Article 1

Amendment

The table in Article 1 of Decision ECB/2014/53 is replaced by the following:






(EUR million)




 


Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2015




Belgium


65,8




Germany


529,0




Estonia


10,3




Ireland


39,0




Greece


52,7




Spain


301,4




France


230,0




Italy


41,5




Cyprus


10,0




Lithuania


120,7




Luxembourg


45,0




Malta


8,7




Netherlands


52,5




Latvia


30,6




Austria


248,0




Portugal


30,0




Slovenia


13,0




Slovakia


13,4




Finland


60,0’






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, 4 December 2015.


The President of the ECB

Mario DRAGHI
            





(1)  Decision ECB/2014/53 of 11 December 2014 on the approval of the volume of coin issuance in 2015 (OJ L 365, 19.12.2014, p. 163).