CELEX: 32017D0039
Language: en
Date: 2017-12-08 00:00:00
Title: Decision (EU) 2017/2442 of the European Central Bank of 8 December 2017 amending Decision (EU) 2016/2164 on the approval of the volume of coin issuance in 2017 (ECB/2017/39)

23.12.2017   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               L 344/59
            
         DECISION (EU) 2017/2442 OF THE EUROPEAN CENTRAL BANK
   of 8 December 2017
   amending Decision (EU) 2016/2164 on the approval of the volume of coin issuance in 2017 (ECB/2017/39)
   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,
   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 thereof,
   Whereas:
   
               (1)
            
            
               The European Central Bank (ECB) has the exclusive right since 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 2017 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 2017 in Decision (EU) 2016/2164 of the European Central Bank (ECB/2016/43) (2).
            
         
               (3)
            
            
               On 19 October 2017, the Italian Ministry of Finance requested that the volume of euro coins that Italy may issue in 2017 be increased from EUR 96,0 million to EUR 141,0 million to be able to respond to an unexpected rise in the demand for coins. The ECB has approved this request for an increase in the volume of euro coins intended for circulation that Italy may issue in 2017.
            
         
               (4)
            
            
               Therefore, Decision (EU) 2016/2164 (ECB/2016/43) should be amended accordingly,
            
         HAS ADOPTED THIS DECISION:
   Article 1
   Amendment
   The table in Article 1 of Decision (EU) 2016/2164 (ECB/2016/43) is replaced by the following:
   
      
                  (EUR million)
               
            
                   
               
               
                  Volume of euro coins approved for issuance in 2017
               
            
                   
               
               
                  Circulation coins
               
               
                  Collector coins
               
               
                  Volume of coin issuance
               
            
                  (not intended for circulation)
               
            
                  Belgium
               
               
                  51,0
               
               
                  1,0
               
               
                  52,0
               
            
                  Germany
               
               
                  419,0
               
               
                  219,0
               
               
                  638,0
               
            
                  Estonia
               
               
                  9,7
               
               
                  0,3
               
               
                  10,0
               
            
                  Ireland
               
               
                  30,7
               
               
                  0,8
               
               
                  31,5
               
            
                  Greece
               
               
                  106,3
               
               
                  0,6
               
               
                  106,9
               
            
                  Spain
               
               
                  359,3
               
               
                  30,0
               
               
                  389,3
               
            
                  France
               
               
                  224,3
               
               
                  51,0
               
               
                  275,3
               
            
                  Italy
               
               
                  139,2
               
               
                  1,8
               
               
                  141,0
               
            
                  Cyprus
               
               
                  14,0
               
               
                  0,1
               
               
                  14,1
               
            
                  Latvia
               
               
                  16,3
               
               
                  0,3
               
               
                  16,6
               
            
                  Lithuania
               
               
                  30,0
               
               
                  0,3
               
               
                  30,3
               
            
                  Luxembourg
               
               
                  17,7
               
               
                  0,2
               
               
                  17,9
               
            
                  Malta
               
               
                  10,2
               
               
                  0,2
               
               
                  10,4
               
            
                  Netherlands
               
               
                  25,0
               
               
                  4,0
               
               
                  29,0
               
            
                  Austria
               
               
                  87,2
               
               
                  181,8
               
               
                  269,0
               
            
                  Portugal
               
               
                  62,0
               
               
                  3,0
               
               
                  65,0
               
            
                  Slovenia
               
               
                  24,0
               
               
                  2,0
               
               
                  26,0
               
            
                  Slovakia
               
               
                  15,6
               
               
                  1,4
               
               
                  17,0
               
            
                  Finland
               
               
                  35,0
               
               
                  10,0
               
               
                  45,0
               
            
                  
                     Total
                  
               
               
                  
                     1 676,5 
                  
               
               
                  
                     507,8
                  
               
               
                  
                     2 184,3 ’
               
            
   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, 8 December 2017.
      
         
            The President of the ECB
         
         Mario DRAGHI
      
   
   
      (1)  OJ L 328, 12.12.2015, p. 123.
   
      (2)  Decision (EU) 2016/2164 of the European Central Bank of 30 November 2016 on the approval of the volume of coin issuance in 2017 (ECB/2016/43) (OJ L 333, 8.12.2016, p. 73).