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Document 32017D0041
Decision (EU) 2017/2444 of the European Central Bank of 8 December 2017 amending Decision (EU) 2015/2332 on the procedural framework for the approval of the volume of euro coin issuance (ECB/2017/41)
Decision (EU) 2017/2444 of the European Central Bank of 8 December 2017 amending Decision (EU) 2015/2332 on the procedural framework for the approval of the volume of euro coin issuance (ECB/2017/41)
Decision (EU) 2017/2444 of the European Central Bank of 8 December 2017 amending Decision (EU) 2015/2332 on the procedural framework for the approval of the volume of euro coin issuance (ECB/2017/41)
OJ L 344, 23.12.2017, p. 63–64
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
In force
23.12.2017 |
EN |
Official Journal of the European Union |
L 344/63 |
DECISION (EU) 2017/2444 OF THE EUROPEAN CENTRAL BANK
of 8 December 2017
amending Decision (EU) 2015/2332 on the procedural framework for the approval of the volume of euro coin issuance (ECB/2017/41)
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) thereof,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 12.1 thereof,
Whereas:
(1) |
Decision (EU) 2015/2332 of the European Central Bank (ECB/2015/43) (1) establishes rules related to the procedural framework for the approval of the volume of coin issuance. |
(2) |
The Governing Council considers that the power to adopt decisions on annual and ad hoc approval requests for the volume of coin issuance submitted by Member States whose currency is the euro should be delegated to the Executive Board when no modification of the requested volume of coin issuance is required. |
(3) |
Where the Executive Board considers that the volume of coin issuance requested by one or more Member States whose currency is the euro needs to be modified, it should submit a reasoned proposal explaining the required modifications to the Governing Council, and the Governing Council should remain competent for the adoption of a decision. |
(4) |
Therefore, Decision (EU) 2015/2332 (ECB/2015/43) should be amended accordingly, |
HAS ADOPTED THIS DECISION:
Article 1
Amendments
Decision (EU) 2015/2332 (ECB/2015/43) is amended as follows:
1. |
Article 2 is amended as follows,
|
2. |
Article 3 is amended as follows:
|
Article 2
Taking effect
This Decision shall take effect on the day of its notification to the addressees.
It shall apply from 1 January 2018.
Article 3
Addressees
This Decision is addressed to the euro area Member States.
Done at Frankfurt am Main, 8 December 2017.
For the Governing Council of the ECB
The President of the ECB
Mario DRAGHI
(1) Decision (EU) 2015/2332 of the European Central Bank of 4 December 2015 on the procedural framework for the approval of the volume of euro coin issuance (ECB/2015/43) (OJ L 328, 12.12.2015, p. 123).