Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-10-27-Speech-3-188"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-10-27"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Time (Council)2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20041027.10.3-188"2
lpv:hasSubsequent	lp_eu:2004-10-27-Speech-3-1892
lpv:speaker	lp:Nicolaï2
lpv:translated text	". Mr President, thank you. Neither the European Council nor the Council have taken up a position with regard to the matters raised by the honourable Member, since these fall within the remit of the Member States, as do the ones I mentioned earlier. Article 106 of the Treaty clearly defines the respective powers of the European Central Bank and the Member States with regard to the issue of euro notes and coins. Paragraph 1 stipulates that the ECB has the exclusive right to authorise the issue of bank notes. The notes are issued by the ECB and the national central banks. Paragraph 2 specifies that Member States can issue coins on two conditions. First of all, the ECB must approve the level of the issue and secondly, the issued coins must meet any other legislative measures that harmonise their nominal values and technical specifications. Council Regulation No 975/98/EC determines the nominal values and technical specifications of the coins that can be issued by the Member States. It is up to the Member States to decide, within this framework, on the volume of coins they want to issue at which nominal value, with the European Central Bank’s approval being required for every issue."@en1

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