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:

    [M]y conception of liberty does not permit an individual citizen or a group of citizens to commit acts of depredation against nature in such a way as to harm their neighbors and especially to harm the future generations of Americans. If many years ago we had had the necessary knowledge, and especially the necessary willingness on the part of the Federal Government, we would have saved a sum, a sum of money which has cost the taxpayers of America two billion dollars.
    Franklin D. Roosevelt (1882–1945)

    Our national determination to keep free of foreign wars and foreign entanglements cannot prevent us from feeling deep concern when ideals and principles that we have cherished are challenged.
    Franklin D. Roosevelt (1882–1945)

    I am colored but I offer nothing in the way of extenuating circumstances except the fact that I am the only Negro in the United States whose grandfather on the mother’s side was not an Indian chief.
    Zora Neale Hurston (1891–1960)

    Tourism, human circulation considered as consumption ... is fundamentally nothing more than the leisure of going to see what has become banal.
    Guy Debord (b. 1931)

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