Agence France-PresseMay 14, 2013 22:26
Small change in the euro, one and two-cent coins, expensive to make and a nuisance for many, may have no future, the European Commission said Tuesday.
Small and awkward they may be: but they have cost the eurozone about 1.4 billion euros since 2002, the Commission said.
The Commission outlined four possible scenarios for the coins, based on a cost-benefit analysis of their use -- the status quo, making cheaper versions, and a speedy or a gradual withdrawal.
It said public attitudes are mixed overall.