BERLIN: The European Commission (EU) has indicated that it will not immediately withdraw its one- and two-cent euro, the euro’s common currency, by the end of 2021.
The European people have long demanded the withdrawal of one or two coins from the market. Complaints that the weight of the purse could only be increased were high.
Already in Finland, the Netherlands and Italy, trading has closed at five cents.
According to the European Central Bank, 36 billion one cents and 28 billion two cents are currently in circulation.
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