{
  "url": "https://openlegislation.uk/eu-decision-2009-895/introduction",
  "json_url": "https://openlegislation.uk/eu-decision-2009-895/introduction.json",
  "legislation": "eudn/2009/895",
  "legislation_title": "Council Decision of 26 November 2009 on the position to be taken by the European Community regarding the renegotiation of the Monetary Agreement with the Vatican City State (2009/895/EC)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2009-895",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Council Decision\nof 26 November 2009\non the position to be taken by the European Community regarding the renegotiation of the Monetary Agreement with the Vatican City State\n(2009/895/EC)\nTHE COUNCIL OF THE EUROPEAN UNION,\nHaving regard to the Treaty establishing the European Community, and in particular Article 111(3) thereof,\nHaving regard to the recommendation from the Commission,\nHaving consulted the European Central Bank,\nWhereas:\n(1)\nThe Community has the competence for monetary and exchange rate matters as of the date of the introduction of the euro.\n(2)\nThe Council is to determine the arrangements for the negotiation and conclusion of agreements concerning monetary or foreign exchange regime matter.\n(3)\nThe Italian Republic, on behalf of the Community, concluded on 29 December 2000 a Monetary Agreement with the Vatican City State.\n(4)\nIn its conclusions on 10 February 2009 the Council invited the Commission to review the functioning of the existing monetary agreements and to consider possible increases in the ceilings for coin issuance.\n(5)\nThe Commission concluded in the Communication on the functioning of the Monetary Agreements with Monaco, San Marino and Vatican that the Monetary Agreement with the Vatican City State in its present form needs to be amended with a view to ensuring a more consistent approach in the relations between the Community and the countries having signed a monetary agreement.\n(6)\nThe Monetary Agreement with the Vatican City State should therefore be renegotiated as soon as possible so that the new regime enters into force on 1 January 2010, together with the new rules on the modalities of introduction of euro coins set by the Commission Recommendation of 19 December 2008 on common guidelines for the national side and the issuance of euro coins intended for circulation, endorsed by the Council in its conclusions of 10 February 2009,\nHAS ADOPTED THIS DECISION:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ L 9, 14.1.2009, p. 52."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2009/895/introduction",
    "retrieved_at": "2026-11-01T15:16:19.268001+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}