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Euro: denominations and technical specifications of euro coins intended for circulation

2011/0128(NLE)

PURPOSE: to amend Council Regulation (EC) No 975/98 on denominations and technical specifications of euro coins intended for circulation.

NON-LEGISLATIVE ACT: Council Regulation No 566/2012 amending Council Regulation (EC) No 975/98 on denominations and technical specifications of euro coins intended for circulation.

CONTENT: as the euro coins circulate in the whole euro area, their national design features are a matter of common interest.

To permit their smooth circulation and in the interests of legal certainty and transparency it this Regulation ensures the rules defined in Recommendation 2009/23/EC concerning denominations and technical specifications of euro circulation coins, are made legally binding by integrating them into Council Regulation (EC) No 975/98.

Commission Recommendation 2009/23/EC on common guidelines for the national sides and the issuance of euro coins intended for circulation, endorsed by the Council conclusions of 10 February 2009, defines common principles for the designs used for the national sides of euro circulation coins and establishes procedures whereby Member States inform each other of draft designs, and for the approval of these designs.

ENTRY INTO FORCE: 19/07/2012.