European Parliament declaration on the introduction of 1 and 2 euro banknotes
The European Parliament
,
– having regard to Rule 116 of its Rules of Procedure,
A. whereas many European citizens are still unhappy about the euro,
B. having regard to the impact which the absence of 1 and 2 euro banknotes has on people's perception of how much the equivalent coins are worth,
C. whereas the absence of such banknotes also has an adverse effect on their perception of how much cents are worth,
D. having regard to the positive impact which the issuing and circulation of 1 and 2 euro banknotes would have on inflation and keeping the cost of living under control,
E. whereas a decision on the issuing of such new banknotes is all the more necessary in view of the forthcoming introduction of the single currency in the new Member States,
F. having regard to the unquestionable advantages this would have in all the Member States,
1. Calls on the Commission, the Council and the European Central Bank to recognise the need to issue 1 and 2 euro banknotes;
2. Instructs its President to forward this declaration, together with the names of the signatories, to the Council, the Commission, the European Central Bank and the governments of the Member States.