DECISION OF THE EUROPEAN CENTRAL BANK

of 14 December 2004

on the approval of the volume of coin issuance in 2005

(ECB/2004/19)

(2004/899/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty establishing the European Community, and in particular to Article 106(2) 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 that have adopted the euro (the participating Member States).

(2) The participating Member States have submitted to the ECB, for approval, their estimates of the volume of euro coins to be issued in 2005, supplemented by explanatory notes on the forecasting methodology,

HAS DECIDED AS FOLLOWS:

Article 1

Approval of the volume of euro coins to be issued in 2005

The ECB hereby approves the volume of coins to be issued by the participating Member States in 2005 as described in the following table:

(EUR million)
	Issuance of coins intended for circulation and issuance of collector coins (not intended for circulation) in 2005
Belgium	178,5
Germany	680,0
Greece	108,8
Spain	642,0
France	468,5
Ireland	131,0
Italy	675,0
Luxembourg	65,0
Netherlands	175,0
Austria	185,0
Portugal	170,0
Finland	60,0

Article 2

Final provision

This Decision is addressed to the participating Member States.

Done at Frankfurt am Main, 14 December 2004.

The President of the ECB

Jean-Claude

TRICHET