Ch.4 EU Agencies Article
Question
Which article gives the ECB the exclusive right to authorise euro banknote issuance?
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Answer
Article 128 TFEU.
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NCBs may issue banknotes only with ECB approval; coins are issued by Member States subject to ECB approval of volume.
Consolidated TFEU (EUR-Lex) — eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:12016E/TXT
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