Greece’s last hope? New EU rules allow coins to “be put on market above face value”

A straw to cling to…Article 3 of the Regulation (EU) No 651/2012 on the issuance of Euro coins published today:

“A minor proportion, not exceeding 5 % of the cumulated total net value and volume of circulation coins issued by a Member State, taking into account only years with positive net issuance, may be put on the market above face value if justified by the special quality of the coin, a special packaging or any additional services provided.”

This is actually in the context of commemorative and collectible Euro coins…but that’s enough jokes.

See also: Optimistic Greeks to issue celebratory Euro coin

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