Page "Euro coins" Paragraph 21

This is in part due to factors such as rising metal prices: De Nederlandsche Bank calculated it would save $ 36 million a year by not using the smaller coins.

Other countries such as Germany favoured retaining the coins due to their desire for € 1. 99 prices, which appear more attractive to the consumer than a € 2 price.

This is echoed by the European Central Bank itself which supports the coins, stating it allows businesses to calculate prices more exactly to attract consumers, such as 99 cents.

According to a Eurobarometer survey of EU citizens, Germans are most sceptical about the removal of the one-and two-cent coins from complete circulation in the eurozone, however on average there is a majority for their removal ( 58 % for the one cent coin and 52 % for the two cent coin in 2005 ).

The Belgians are most supportive of their removal.