| Euro coin designs to be updated
For quite a while I have been wondering why the description of this forum says it is also about, quote, the "new Euro coins". They were first made in 1998 and have been in use for more than three years. But finally the time has come where the term makes sense again: The EU will indeed issue new euro coins ...
At its meeting in Luxembourg today, the Ecofin Council decided that the "map" on the euro and cent coins should be updated. The current reverses show the European Union as it was before May 2004, including the three countries that do not use the euro. It does, however, not show the ten that joined the EU a year ago.
From what I have read in the news, the countries that will introduce the euro soon (probably Estonia, Lithuania and Slovenia, possibly in early 2007) will issue euro coins with the updated map. I guess that will also be the time when the existing euro countries switch to the new design. The current coins will then continue to circulate alongside the new ones.
Christian
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