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Economy and Finance

25th anniversary of the European Monetary Institute (EMI)


The inner part of the piece depicts the portrait Alexandre Lamfalussy, the first president of the EMI, on the right with his name below. On the left-hand side, the abbreviation EMI stands central with the year 1994 above, referring to date of the establishment of the Institute and the designation of Lamfalussy as its first president. Below "EMI", several coins are depicted falling on each other with the inscription € , "ECU" and "BEF" from top to bottom. Given the fact that this is a Belgian issuance, we have chosen for “BEF”, the abbreviation of our former national currency. The purpose of this representation is to symbolise the transition of the national currencies to an European single currency, the euro as the EMI’s main focus was on establishing the European System of Central Banks, including the ECB and the new currency On the upper part of the left side of the coin is an inscription “European Monetary Institute”.

Subject of commemoration

25th anniversary of the European Monetary Institute (EMI)

Date of issue


Issuing country


Coin image

25th anniversary of the European Monetary Institute (EMI)

Official Journal

2018/C 466/07

Issuing volume