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
1 euro cent coin Belgium, Ireland, Italy, the Netherlands and Slovakia. Only Portugal and Latvia had a plurality in favour of retaining the coins (49% against removal, 45–46% in favour). In Flemish, the 1- to 5-cent coins have the nickname (copper), (redhead) or (little redhead) due to their colour. In Portugal, the 1-cent coin gained the nicknames (button), (bean) and (blacks) due to its small size, colour and value: instead of gambling with real money, buttons sometimes are used. 1 euro cent coin The 1 euro cent coin (€0.01) has a value of one hundredth of a euro and is composed of copper-covered steel.