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1 and 2 cent pieces, what do you think about removing them? (feddit.de)

submitted 2 years ago by sexy_peach@feddit.de to c/europe@feddit.de

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They're not worth anything, never were but even less through the years with inflation.

If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.

Maybe even 5 cent pieces? But that would be a bit radical.

I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.

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[–] gigachad@feddit.de 16 points 2 years ago (15 children)

Aren't there already some Euro-Countries that abolished 1 and 2 cent coins?

[–] Tywele@feddit.de 29 points 2 years ago* (last edited 2 years ago) (14 children)

Just looked it up: Finland, Netherlands, Belgium, Italy and Ireland.

[–] Konstantin@feddit.de 3 points 2 years ago (5 children)

what happens if you pay 5 Cents with 5x1 cent from other countries in those countries?

[–] gpl@lemmy.one 1 points 2 years ago (1 children)

I'm from Italy, most machines that take cash straight up don't accept 1 and 2 cent coins and 500€ notes anymore, they'll just spit them out. I don't think I've ever paid a cashier with those, so I don't know what the policy is, but I think they are allowed to refuse them. It's still legal tender so banks will take them; I have a big jar at home where I collect all the small cents, I plan to take it to a bank once it's full and see what I can buy with it (stonks). I can tell you that if you make an electronic payment you will pay the exact price, but if you're paying in cash it will be rounded to the nearest .05.

[–] squaresinger@feddit.de 3 points 2 years ago

Machines here in Austria also often don't take 1/2ct and €500.

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