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2 Euros European Monetary Institute (EMI)
| Issuer | National Bank of Belgium |
|---|---|
| Year | 2019 |
| Type | Non-circulating coin |
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|---|---|
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| Reverse description | The standard European 2 euro reverse designed by Luc Luycx, featuring the large numeral '2' occupying the left portion of the bimetallic centre, with a relief map of Europe extending across the right side of the field. The denomination 'EURO' is inscribed horizontally across the map. The outer copper-nickel ring is adorned with the twelve stars of the European Union, interspersed with vertical lines, as is standard for all eurozone 2 euro coinage. |
| Reverse script | Latin |
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| Additional information |
The European Monetary Institute was the Frankfurt-based precursor to the European Central Bank, operating from 1994 to 1998 with a mandate to coordinate monetary policy among EU member states ahead of euro adoption. Belgium's 2019 commemorative marks the EMI's role in laying the technical and regulatory groundwork for the single currency — a process that was far messier politically than the clean institutional timeline suggests, with several member states missing convergence criteria and the UK opting out entirely before the project even launched.