Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
19th Century Swiss centimes
>
Reply to Thread
Message:
<p>[QUOTE="chrisild, post: 154908, member: 39"]It's not that the ECB "insists" - the units are called "euro" and "cent" in both singular and plural according to EU law. And the law is not made by the Central Bank but by the Council and other legislative bodies. The only reason why on the cent coins the word "euro" (in smaller characters) was added to the word "cent" is that the connection to the euro was supposed to make clear, particularly with regard to the Netherlands which had "cent" (singular and plural) coins before.</p><p><br /></p><p><br /></p><p>What currency a country uses, which institutions it joins or leaves, is basically up to the country. And quite obviously both the European Monetary Union and the other countries can well live with the current setup. And yes, people may of course use whatever local terms they want to use instead of "euro" and "cent". It's just that, as US law uses official terms for US coinage, EU law uses official terms for euro coinage.</p><p><br /></p><p>(Is it possible to "split" this subject? The OP may not be interested in this ...)</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 154908, member: 39"]It's not that the ECB "insists" - the units are called "euro" and "cent" in both singular and plural according to EU law. And the law is not made by the Central Bank but by the Council and other legislative bodies. The only reason why on the cent coins the word "euro" (in smaller characters) was added to the word "cent" is that the connection to the euro was supposed to make clear, particularly with regard to the Netherlands which had "cent" (singular and plural) coins before. What currency a country uses, which institutions it joins or leaves, is basically up to the country. And quite obviously both the European Monetary Union and the other countries can well live with the current setup. And yes, people may of course use whatever local terms they want to use instead of "euro" and "cent". It's just that, as US law uses official terms for US coinage, EU law uses official terms for euro coinage. (Is it possible to "split" this subject? The OP may not be interested in this ...) Christian[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
19th Century Swiss centimes
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...