Decision (EU) 2024/3127 of the European Central Bank of 26 November 2024 on the approval of the volume of coin issuance in 2025 (ECB/2024/38)
Date: 2024-11-26
Institutions: European Central Bank
Subjects: euro, issuing of currency, money, participating country (euro area)








L_202403127EN.000101.fmx.xml












Official Journal of the European Union


EN
L series













2024/3127


13.12.2024







            DECISION (EU) 2024/3127 OF THE EUROPEAN CENTRAL BANK
         
of 26 November 2024
         
on the approval of the volume of coin issuance in 2025 (ECB/2024/38)


THE EXECUTIVE BOARD OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 128(2) thereof,


Having regard to Decision (EU) 2015/2332 of the European Central Bank of 4 December 2015 on the procedural framework for the approval of the volume of euro coin issuance (ECB/2015/43) (1), and in particular Article 2(9) thereof,

Whereas:







(1)


The European Central Bank (ECB) has the exclusive right to approve the volume of coins issued by the Member States whose currency is the euro (hereinafter ‘euro area Member States’).












(2)


The 20 euro area Member States have submitted to the ECB their requests for the approval of the volume of coins to be issued in 2025, supplemented by explanatory notes on the forecasting methodology. Certain of these euro area Member States have also provided additional information regarding circulation coins, where such information is available and considered important by the euro area Member States concerned to substantiate the approval request.












(3)


As the right of euro area Member States to issue euro coins is subject to approval by the ECB of the volume of the issue, in accordance with Article 3(1) of Decision (EU) 2015/2332 (ECB/2015/43), the volumes approved by the ECB may not be exceeded by the euro area Member States at any time during the year 2025 without prior approval by the ECB.












(4)


Since no modification of the requested volume of coin issuance is required, the Executive Board is empowered pursuant to Article 2(9) of Decision (EU) 2015/2332 (ECB/2015/43) to adopt this Decision on the annual approval requests for the volume of coin issuance in 2025 submitted by euro area Member States,





HAS ADOPTED THIS DECISION:



Article 1

Definitions

For the purposes of this Decision, the definitions in Article 1 of Decision (EU) 2015/2332 (ECB/2015/43) apply.


Article 2

Approval of the volume of euro coins to be issued in 2025

The ECB hereby approves the volume of euro coins to be issued by euro area Member States in 2025 as set out in the following table:








 


Volume of euro coins approved for issuance in 2025




Circulation coins


Collector coins
(not intended for circulation)


Volume of coin
issuance




(EUR million)


(EUR million)


(EUR million)




Belgium


30,00 


0,30 


30,30 




Germany


343,50 


135,50 


479,00 




Estonia


11,20 


0,34 


11,54 




Ireland


30,78 


0,50 


31,28 




Greece


152,20 


0,96 


153,16 




Spain


294,94 


40,00 


334,94 




France


276,47 


60,00 


336,47 




Croatia


71,92 


0,45 


72,37 




Italy


241,65 


5,05 


246,70 




Cyprus


6,30 


0,01 


6,31 




Latvia


5,90 


0,20 


6,10 




Lithuania


12,00 


0,63 


12,63 




Luxembourg


13,00 


0,40 


13,40 




Malta


8,20 


11,50 


19,70 




Netherlands


24,00 


1,00 


25,00 




Austria


114,21 


175,51 


289,72 




Portugal


35,10 


1,70 


36,80 




Slovenia


22,00 


1,00 


23,00 




Slovakia


20,00 


3,00 


23,00 




Finland


10,00 


5,00 


15,00 





Total



1 723,37 


443,05 


2 166,42 






Article 3

Taking effect

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


Article 4

Addressees

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




Done at Frankfurt am Main, 26 November 2024.


The President of the ECB

Christine LAGARDE
            





(1)  
            OJ L 328, 12.12.2015, p. 123.


ELI: http://data.europa.eu/eli/dec/2024/3127/oj
ISSN 1977-0677 (electronic edition)