CELEX: 32007D0016(01)
Language: en
Date: 2007-11-23 00:00:00
Title: 2007/790/EC: Decision of the European Central Bank of 23 November 2007 on the approval of the volume of coin issuance in 2008 (ECB/2007/16)

5.12.2007   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               L 317/81
            
         
      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).
            
         
               (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,
            
         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)
            
         
                
            
            
               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
         
      
   
   
      (1)  OJ L 186, 18.7.2007, p. 29.
   
      (2)  OJ L 186, 18.7.2007, p. 32.