New national side of euro coins intended for circulation
(2020/C 389/03)
National side of the new commemorative 2-euro coin intended for circulation and issued by Cyprus
Euro coins intended for circulation have legal tender status throughout the euro area. For the purpose of informing the public and all parties who handle the coins, the Commission publishes a description of the designs of all new coins (1). In accordance with the Council conclusions of 10 February 2009 (2), euro-area Member States and countries that have concluded a monetary agreement with the European Union providing for the issuing of euro coins are allowed to issue commemorative euro coins intended for circulation, provided that certain conditions are met, particularly that only the 2-euro denomination is used. These coins have the same technical characteristics as other 2-euro coins, but their national face features a commemorative design that is highly symbolic in national or European terms.
Issuing country: Cyprus
Subject of commemoration: The 30th anniversary of the Cyprus Institute of Neurology and genetics
Description of the design: The design depicts a ‘neuron with its synapses’ in reference to the activities performed by the Cyprus Institute of Neurology and Genetics, which celebrates 30 years of existence. The Cyprus Institute of Neurology and Genetics receives international recognition and plays an active and essential role as a national, regional and international centre of excellence for the provision opf high quality services, innovative reasearch and postgraduate education. The iossuing country’s name ‘KYΠΡΟΣ - KIBRIS’ and the phrase ‘ΙΝΣΤΙTOYΤΟ ΝΕΥΡΟΛΟΓΊΑΣ & ΓΕΝΕΤΙKHΣ KYΠΡΟY 1990-2020’ (i.e. Cyprus Institute of Neurology and Genetics 1990-2020) are inscribed in circle around the design.
The coin’s outer ring depicts the 12 stars of the European flag.
Number of coins to be issued: 412 000
Date of issue: Fourth quarter of 2020
(1) See OJ C 373, 28.12.2001, p. 1 for the national faces of all the coins issued in 2002.
(2) See the conclusions of the Economic and Financial Affairs Council of 10 February 2009 and the Commission Recommendation of 19 December 2008 on common guidelines for the national sides and the issuance of euro coins intended for circulation (OJ L 9, 14.1.2009, p. 52).