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Will new EU countries make their own Euros?
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<p>[QUOTE="chrisild, post: 835, member: 39"]Hmm, I forgot to mention the numismatic aspects of this issue <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Provided that all of these 10 "invited" countries join the EU in 2004, the map on the current coins might be updated accordingly. That map shows or highlights the present EU member states, no matter whether they are part of Euroland or not. So maybe future euro coins will show the enlarged EU while the "older" ones will still circulate. But at present this is merely a wild guess ...</p><p><br /></p><p>Joining the European Union does not automatically make a country part of Euroland. But once an EU member state joins the currency union, it can issue coins with its own country specific sides.</p><p><br /></p><p>With bank notes it will be different anyway: As of this year a "decentralized pooling scheme" is used which means that, for example, all €10 notes are made in Germany, Greece and Ireland while, say, the €50 notes are made in Belgium, the Netherlands and Spain. Don't know if the note designs are to be modified; as far as I can tell, Cyprus and Malta are not on the map printed on the euro notes.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 835, member: 39"]Hmm, I forgot to mention the numismatic aspects of this issue :-) Provided that all of these 10 "invited" countries join the EU in 2004, the map on the current coins might be updated accordingly. That map shows or highlights the present EU member states, no matter whether they are part of Euroland or not. So maybe future euro coins will show the enlarged EU while the "older" ones will still circulate. But at present this is merely a wild guess ... Joining the European Union does not automatically make a country part of Euroland. But once an EU member state joins the currency union, it can issue coins with its own country specific sides. With bank notes it will be different anyway: As of this year a "decentralized pooling scheme" is used which means that, for example, all €10 notes are made in Germany, Greece and Ireland while, say, the €50 notes are made in Belgium, the Netherlands and Spain. Don't know if the note designs are to be modified; as far as I can tell, Cyprus and Malta are not on the map printed on the euro notes. Christian[/QUOTE]
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