Editing Euro coins (section)

===Price rounding===
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|caption=Percentage of people in favour of abolishing the use of the 1- and 2-euro cent coins.<ref name='abolishment survey' />
{{leftlegend|#1c589f|In favour}} {{leftlegend|#f2a251|Against}}
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The 1c and 2c coins were initially introduced to ensure that the introduction of the euro was not used as an excuse by retailers to heavily round up prices. However, due to the cost of maintaining a circulation of low-value coins, both by business and the mints, [[Belgium]], [[Finland]], [[Republic of Ireland|Ireland]], [[Italy]], the [[Netherlands]], [[Slovakia]]  and [[Lithuania]] (starting 1 May 2025) round prices to the nearest five cents ([[Swedish rounding]]) if paying with cash, while producing only a handful of those coins for collectors, rather than general circulation.<ref>{{cite web | url=https://www.cbc.ca/news/business/save-the-penny-or-leave-the-penny-1.941781 | title=Save the penny or leave the penny? – Business – CBC News | publisher=www.cbc.ca | work=CBC News | date=15 December 2010 | access-date=1 August 2013}}</ref><ref name="ireland wexford">{{Cite press release|title=Central Bank of Ireland – Central Bank announces rollout of rounding of 1c and 2c coins nationally|url=http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankannouncesrolloutofroundingof1cand2ccoinsnationally.aspx|archive-url=https://web.archive.org/web/20170106122037/http://www.centralbank.ie/press-area/press-releases/Pages/CentralBankannouncesrolloutofroundingof1cand2ccoinsnationally.aspx|archive-date=2017-01-06|website=www.centralbank.ie}}</ref><ref name="bel lux">{{Cite web |url=http://www.wort.lu/en/luxembourg/small-change-1-and-2-cent-coins-to-stay-in-luxembourg-52ff495ae4b0f989a09f2707 |title=Luxemburger Wort – Small change – 1 and 2 cent coins to stay in Luxembourg |access-date=2015-07-23 |archive-date=2017-04-01 |archive-url=https://web.archive.org/web/20170401142423/http://www.wort.lu/en/luxembourg/small-change-1-and-2-cent-coins-to-stay-in-luxembourg-52ff495ae4b0f989a09f2707 |url-status=dead }}</ref> The coins are still legal tender and produced outside these states.<ref name="BW 230904">[http://www.businessweek.com/bwdaily/dnflash/sep2004/nf20040923_2592_db017.htm Small Change, Big Annoyance in Europe] {{webarchive |url=https://web.archive.org/web/20071013191859/http://www.businessweek.com/bwdaily/dnflash/sep2004/nf20040923_2592_db017.htm |date=October 13, 2007 }}, [[Business Week]] 2004-09-23</ref>

==== Countries with Swedish rounding ====
The Swedish rounding law in Finland was issued in January 2002, shortly after the coins were put into circulation.

The Netherlands followed suit in September 2004,<ref name="BW 230904" /> under pressure from retail businesses, which claimed that dealing with 1- and 2-cent coins was too expensive. After a successful experiment in the town of [[Woerden]] in May 2004, retailers across the Netherlands were permitted in September 2004 to round cash transactions to the nearest five cents.<ref>{{cite news |first=Stephen |last=Castle |title=Smallest Euro coins dropped by two nations |url=http://findarticles.com/p/articles/mi_qn4158/is_20040916/ai_n12808602 |archive-url=https://web.archive.org/web/20070124003944/http://www.findarticles.com/p/articles/mi_qn4158/is_20040916/ai_n12808602 |url-status=dead |archive-date=January 24, 2007 |work=Independent, The (London) |date=September 16, 2004 |access-date=2008-07-15 }}</ref>

In Belgium, rounding has been common practice since 2014; by law, rounding has been obligatory for cash purchases since 1 December 2019.<ref>{{Cite web|url=https://www.brusselstimes.com/all-news/belgium-all-news/52103/rounding-to-the-nearest-five-cents-will-be-obligatory-for-cash-payments/|title=Rounding to the nearest five cents will be obligatory for cash payments|date=2018-11-24|website=The Brussels Times|language=en|access-date=2020-02-24}}</ref> For payments with debit or credit cards, the merchant can choose whether to apply rounding but has to inform the client beforehand.<ref name=":0">{{Cite web|url=https://www.brusselstimes.com/all-news/art-culture/78817/payments-rounded-to-nearest-5-cents-from-december-is-this-the-end-of-1-and-2-cents/|title=Payments rounded to nearest 5 cents from December: the end of 1 and 2 cents?|date=2019-11-15|website=The Brussels Times|language=en|access-date=2020-02-24}}</ref> With the obligatory rounding in effect, Belgium's National Bank has stopped production of 1- and 2-cent coins.<ref name=":0" />

Ireland introduced rounding in 2015 after a 2013 trial in [[Wexford]].<ref name="ireland wexford" /><ref>{{cite journal |journal=Dáil debates |volume=Unrevised |page=57 |url=http://oireachtasdebates.oireachtas.ie/debates%20authoring/debateswebpack.nsf/takes/dail2013052100057?opendocument#WRB01350 |title=Written Answers 23960/13: Euro Coins Production |publisher=Oireachtas |date=21 May 2013 |access-date=26 May 2013}}</ref>

In May 2017, the [[Italian Parliament|Italian parliament]] passed a resolution to stop minting 1c and 2c&nbsp;coins starting 1 January 2018 and to introduce Swedish rounding.<ref>{{Cite news|url=http://www.cdt.ch/mondo/cronaca/177184/italia-addio-alle-monetine-da-1-e-2-centesimi|title=Italia, addio alle monetine da 1 e 2 centesimi|date=27 May 2017|work=Corriere del Ticino|access-date=2017-05-28|language=it-IT|archive-date=2018-06-28|archive-url=https://web.archive.org/web/20180628015715/http://www.cdt.ch/mondo/cronaca/177184/italia-addio-alle-monetine-da-1-e-2-centesimi|url-status=dead}}</ref><ref>{{cite web|url=http://www.dw.com/en/italy-to-stop-producing-1-and-2-cent-coins/a-39020206|title=Italy to stop producing 1- and 2-cent coins – DW – 29.05.2017|website=DW.COM}}</ref>

The withdrawal of low-circulation coins is due in part to rising metal prices: [[De Nederlandsche Bank]] calculated it would save $36&nbsp;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&nbsp;prices, which appear more attractive to the consumer than a €2&nbsp;price.<ref>{{cite web | url=http://www.businessweek.com/stories/2004-09-22/small-change-big-annoyance-in-europe | archive-url=https://web.archive.org/web/20121105153856/http://www.businessweek.com/stories/2004-09-22/small-change-big-annoyance-in-europe | url-status=dead | archive-date=November 5, 2012 | title=Small Change, Big Annoyance in Europe – Businessweek | publisher=www.businessweek.com | work=Bloomberg Businessweek | date=22 September 2004 | access-date=1 August 2013 | author=Tiplady, Rachel}}</ref> According to James Debono writing for ''[[Malta Today]]'', "scrapping the coins is considered unthinkable for Germany where both consumers and retailers are obsessed with precise pricing."<ref name=Debono>{{cite news|last1=Debono|first1=James|title=1c and 2c coins here to stay|url=http://www.maltatoday.com.mt/news/national/37856/1c_and_2c_coins_here_to_stay_#.ViW9yCta0To|accessdate=20 October 2015|work=[[Malta Today]]|date=10 April 2014}}</ref> Luxembourg and Malta also declared that they do not wish to remove the coins.<ref name="bel lux" /><ref>{{cite web|url=http://www.maltatoday.com.mt/news/national/37856/1c_and_2c_coins_here_to_stay_#.VbDwH2BDJcW|title=1c and 2c coins here to stay|website=maltatoday.com.mt}}</ref> This is echoed by the [[European Central Bank]] which supports the coins, stating it allows businesses to calculate prices more exactly to attract consumers, such as €0.99.<ref name="1&2 cent FAQ">[http://www.ecb.int/bc/faqbc/circulation/html/index.en.html#q11 What is the benefit of issuing low-denomination (1 and 2-cent) coins?], [[European Central Bank]]  {{webarchive |url=https://web.archive.org/web/20081015235348/http://www.ecb.int/bc/faqbc/circulation/html/index.en.html#q11 |date=October 15, 2008 }}</ref> 

According to a 2005 [[Eurobarometer]] survey of EU citizens, Germans were most sceptical about the removal of the 1c and 2c&nbsp;coins from complete circulation in the eurozone, but on average a majority of Germans still supported their removal (58% for the one cent coin and 52% for the two cent coin in 2005). The Belgians were most supportive of their removal.<ref>{{cite web | url=http://ec.europa.eu/public_opinion/flash/fl175_en.pdf | title=The euro, 4 years after the introduction of the banknotes and coins | publisher=ec.europa.eu | work=Eurobarometer | date=November 2005 | access-date=1 August 2013}}</ref> A similar survey in 2017 found 64% across the eurozone favoring their removal with prices rounded, with over 70% in 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).<ref>{{Cite web|url=http://ec.europa.eu/commfrontoffice/publicopinion/index.cfm/ResultDoc/download/DocumentKy/80850|title = Eurobarometer}}</ref> The same survey in 2021 found that 67% of respondents across the eurozone were in favor of the removal, and all countries in the eurozone showed a plurality of people also in favour.<ref name='abolishment survey'>{{cite report |author= Ipsos European Public Affairs |date=March 2021 |title=Flash Eurobarometer 488 The euro area |url=https://europa.eu/eurobarometer/surveys/detail/2291 |publisher=European Commission |pages=19–20}}</ref>

The [[European Commission|Commission]] in 2010 released its guidelines on daily life euro cash questions, to give citizens guidelines on issues with direct implications for daily life. The guidelines were based on ten guiding principles, including two that still remain: "No surcharges should be imposed on payments in cash" and "Member States should not adopt new rounding rules to the nearest five cent".<ref>{{cite web|url=http://ec.europa.eu/economy_finance/euro/cash/legal_tender/index_en.htm |title=Euro legal tender – European Commission |publisher=Ec.europa.eu |access-date=2013-03-26}}</ref> Following a consultation, a Commission initiative considering the adoption of price rounding was due to be adopted by the end of 2021.<ref>{{cite web|url=https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12566-Uniform-rounding-rules-for-cash-payments-in-euro-assessment_en |title=Uniform rounding rules for cash payments in euro – assessment – European Commission |publisher=Ec.europa.eu |access-date=2021-09-22}}</ref> Regardless of the Commission's decision, Slovakia proposed introducing rounding from 2022.<ref>{{cite web|url=https://www.numismaticnews.net/world-coins/slovakia-proposes-dropping-low-value-euro-coins |title=Slovakia Proposes Dropping Low Value Euro Coins |date=21 September 2021 |publisher=numismaticnews.net |access-date=2021-09-22}}</ref>