Euro coins also raised about Poongsan's presence on the vetted list of coin blank suppliers of the European Commission's Mint Directors Working Group. However, the Commission claimed responsibility on this issue lies with the member states of the Union. Euro coins There are eight euro coin denominations, ranging from one cent to two euros (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of
Euro coins as long as they are in an irregular denomination, so it invented a €2.5 coin. The European Central Bank closely monitors the circulation and stock of the euro coins and banknotes. It is a task of the Eurosystem to ensure an efficient and smooth supply of euro coins and to maintain their integrity throughout the eurozone. As of Sep 2018, there are approximately 130 billion coins in circulation around the eurozone. In contrast the USA has minted over 300 billion pennies since 1983 when the current copper-plated zinc metallic composition began. Using a population of 339 million for the EU