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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