Slovakia has announced plans to commemorate the first Slovak
presidency of the Council of the European Union with a circulating
commemorative €2 coin.
Each EU national government takes a turn serving in the presidency
of the Council of the EU, in a rotating manner, for six months. The
presidency of the Council of the European Union is responsible for the
functioning of the Council of the European Union, the upper house of
the EU legislature.
This year will mark the first time that Slovakia has shared that
role, taking the lead beginning July 1 and continuing through Dec. 31, 2016.
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In total, 1 million coins celebrating the event are due for release
sometime in March.
The obverse of the coin is dominated by the coat of arms of the
Slovak Republic at its center against a background of dynamic lines
representing the position and importance of the Slovak Republic during
its presidency of the Council of the European Union.
To the right of the coat of arms of the Slovak Republic is the year
2016. Around the edge of the inner circle is an inscription
translating to “Slovak Presidency of the EU Council,” separated by
The Mint mark of the Kremnica Mint, composed of the letters MK
between two dies, and the stylized initials of the designer of the
national side, Vladimír Pavlica, VP, appear in the lower part of the composition.
The reverse carries the common European map design.
The 12 stars of the European Union flag appear on both sides of the
ringed-bimetallic €2 coin.
The €2 coin weighs 8.5 grams and measures 25.75 millimeters in diameter.
Each nation is allowed to issue up to two different circulating
commemorative designs annually with designs of their choosing, though
few nations issue the maximum number of designs.
Joint euro programs like the 2015 coins honoring the 30th
anniversary of flag of the European Union do not count toward this limit.