Decision of the European Central Bank of 23 December 1999 on the approval of the volume of coin issuance in 2000 (ECB/1999/11)

DECISION OF THE EUROPEAN CENTRAL BANK
of 23 December 1999
on the approval of the volume of coin issuance in 2000
(ECB/1999/11)
(2000/9/EC)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK
,
Having regard to the Treaty establishing the European Community (hereinafter referred to as the "Treaty") and in particular to Article 106(2) thereof;
(1) Whereas the European Central Bank (ECB) has the exclusive right to approve the volume of coins issued by the Member States as from 1 January 1999;
(2) Whereas Member States have submitted to the ECB for approval their estimates of the volume of national coins to be issued in 2000, supplemented by explanatory notes on the forecasting methodology,