DECISION OF THE EUROPEAN CENTRAL BANK

of 6 December 2013

on the approval of the volume of coin issuance in 2014

(ECB/2013/46)

(2013/796/EU)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 128(2) and Article 140(2) thereof,

Having regard to Council Decision 2013/387/EU of 9 July 2013 on the adoption by Latvia of the euro on 1 January 2014(1), and in particular Article 1 thereof,

Whereas:

(1) The European Central Bank (ECB) has the exclusive right from 1 January 1999 to approve the volume of coins issued by the Member States whose currency is the euro.

(2) The derogation in favour of Latvia referred to in Article 4 of the 2003 Act of Accession has been abrogated with effect from 1 January 2014.

(3) The 17 Member States whose currency is the euro and Latvia have submitted to the ECB for approval their estimates of the volume of euro coins to be issued in 2014, supplemented by explanatory notes on the forecasting methodology,

HAS ADOPTED THIS DECISION:

Article 1

Approval of the volume of euro coins to be issued in 2014

The ECB hereby approves the volume of euro coins to be issued by the Member States whose currency is the euro in 2014 as described in the following table:

(EUR million)
	Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2014
Belgium	24,925
Germany	655
Estonia	11,14
Ireland	48,96
Greece	6,856
Spain	201,24
France	267
Italy	58,36
Cyprus	5,1
Luxembourg	45
Malta	10,04
Netherlands	97,5
Latvia	80,91
Austria	247
Portugal	20,4
Slovenia	12
Slovakia	21,4
Finland	60

Article 2

Final provision

This Decision is addressed to the Member States whose currency is the euro and Latvia.

Done at Frankfurt am Main, 6 December 2013.

The President of the ECB

Mario DRAGHI

(1)

OJ L 195, 18.7.2013, p. 24