Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

New King Felipe VI euro coins go into circulation

Source: El Pais - Sat 7th Feb 2015
New King Felipe VI euro coins go into circulation

New euro coins bearing the image of Spain's King Felipe VI went into circulation this week. The one-euro and two-euro pieces made their debut nearly eight months after Felipe succeeded his father, the former King Juan Carlos, on June 19 last year.

The coins bear the 47-year-old king's profile in a pose similar to that of his father, who has appeared on the Spanish version of the euro coin since the European monetary unit was introduced in 1999.

In a statement, the Economy Ministry said the old coins with Juan Carlos's image would continue to be valid throughout the euro zone but will gradually be replaced.

Around four million new coins were minted in January after being approved by the ministry's treasury and financial policy division in October. But part of the delay in putting the new coins into circulation was attributed to the Royal Mint, which had already issued its quota of newly minted currency when the handover of the crown took place last year.

Felipe assumed the Spanish throne after Juan Carlos stepped down in June following a nearly 39-year reign.

A special €30 collectors' coin bearing Felipe's image was issued at the end of 2014.

Recommended Reading :

* Almost EU17 Bln in Pesetas still in circulation

* Rajoy : "2015 will be the year that the economy definitively takes off

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs