Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-226-000"

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"en.20120522.15.2-226-000"2
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"In favour. The lack of mandatory provisions for the issuance of euro coins may result in different practices among Member States and does not achieve a sufficiently integrated framework for the single currency. In the interests of legal transparency and certainty, the Commission therefore deems it necessary to introduce common binding rules on the basis of Article 133 for the issuance of euro coins. The Commission’s legislative proposal aims, in particular, at establishing specific provisions for commemorative euro coins so as to ensure that such coins remain a minor percentage of the total number of two-euro coins in circulation. At the same time, these limits on volume should allow for the issuance of a sufficient volume of coins to ensure that commemorative coins can circulate effectively. It also aims to establish specific provisions for euro collector coins, which are not intended for circulation and which should be readily distinguishable from euro circulation coins. Euro collector coins should have legal tender status only in their Member State of issuance and should not be issued with a view to their entry into circulation. In addition, euro collector coins are accounted for in the volume of coins to be approved by the European Central Bank (ECB), but on an aggregate basis rather than for each individual issue."@en1
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