DECISION OF THE EUROPEAN CENTRAL BANK

of 23 December 1999

on the approval of the volume of coin issuance in 2000

(ECB/1999/11)

(2000/9/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty establishing the European Community (hereinafter referred to as the "Treaty") and in particular to Article 106(2) thereof;

(1) Whereas the European Central Bank (ECB) has the exclusive right to approve the volume of coins issued by the Member States as from 1 January 1999;

(2) Whereas Member States have submitted to the ECB for approval their estimates of the volume of national coins to be issued in 2000, supplemented by explanatory notes on the forecasting methodology,

HAS ADOPTED THIS DECISION:

Article 1

Approval of the volume of national coins to be issued in 2000

The ECB hereby approves the volume of coins to be issued by the participating Member States in 2000 as described in the following table:

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Article 2

Final provisions

This Decision is addressed to the participating Member States.

This Decision shall be published in the Official Journal of the European Communities.

Done at Frankfurt am Main, 23 December 1999.

The President of the ECB

Willem F. DUISENBERG