Belgium’s mint to close in 2018
The Royal Mint of Belgium will stop operation on January 1, 2018, as a consequence of a surplus of cash produced within the eurozone.
“The European Fee (EC) desires to optimise inventory administration and encourage nations to swap cash,” Giovanni Van de Velde, an official from the mint, tells Central Banking.
Belgium’s mint at present produces nationwide euro cash, in addition to business and commemorative cash. Demand is dictated by the Nationwide Financial institution of Belgium, and demand for euro cash within the small European
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