Austrian Euro Coins - Future Changes To The National Side of Circulation Coins

Future Changes To The National Side of Circulation Coins

The European Commission issued a recommendation on 19 December 2008, a common guideline for the national sides and the issuance of euro coins intended for circulation. Two sections of this recommendation stipulates that:

Article 2. Identification of the issuing Member State:
"The national sides of all denominations of the euro coins intended for circulation should bear an indication of the issuing Member State by means of the Member State’s name or an abbreviation of it."
Article 3. Absence of the currency name and denomination:
Section 1. "The national side of the euro coins intended for circulation should not repeat any indication of the denomination, or any parts thereof, of the coin, neither should it repeat the name of the single currency or of its subdivision, unless such indication stems from the use of a different alphabet."

A new design on the Austrian euro coins is expected in the near future to comply with these new guidelines, although nothing has officially been announced.

Read more about this topic:  Austrian Euro Coins

Famous quotes containing the words future, national, side, circulation and/or coins:

    ... the loss of belief in future states is politically, though certainly not spiritually, the most significant distinction between our present period and the centuries before. And this loss is definite. For no matter how religious our world may turn again, or how much authentic faith still exists in it, or how deeply our moral values may be rooted in our religious systems, the fear of hell is no longer among the motives which would prevent or stimulate the actions of a majority.
    Hannah Arendt (1906–1975)

    I would dodge, not lie, in the national interest.
    Larry Speakes (b. 1939)

    Out flew the web and floated wide;
    The mirror cracked from side to side;
    ‘The curse is come upon me,’ cried
    The Lady of Shalott.
    Alfred Tennyson (1809–1892)

    The circulation of confidence is better than the circulation of money.
    James Madison (1751–1836)

    A war undertaken without sufficient monies has but a wisp of force. Coins are the very sinews of battles.
    François Rabelais (1494–1553)