The European Commission is considering a proposal to phase out 1-euro cent and 2-euro cent coins, an EU document showed, in what would be a cost-saving move as the coins’ production and handling costs ...

Smaller money coins are on their way out in the Irish Republic. The one and two cent coins, although for the foreseeable future still legal tender, will be eliminated as change in most retail units ...

Many countries have dropped low-denomination coins in the past. But can cash-loving Germany follow suit and stop accepting the smallest euro coins? Other European nations are showing the way. Some ...

Estonia has been gradually withdrawing one- and two-cent euro coins from circulation, sending them to Latvia, which still uses them, "Aktuaalne kaamera" reports. Due to rounding-off rules introduced ...

From the new year, Estonia will become the seventh country in the euro area to introduce the rounding rule. The move aims to reduce the number of one and two-cent coins in circulation. The Bank of ...

Since the adoption of the euro in Bulgaria, a seemingly small linguistic detail has sparked notable public debate: why Bulgarian euro coins are marked with “stotinki” rather than “cents”. Bulgaria is ...