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Belgium to scrap small change

Belgian authorities announced yesterday that they would cease production of one and two euro cent coins from January 2005, although the coins will remain legal tender.

Following a similar move in the Netherlands and Finland, Belgian finance minister Didier Reynders said in an interview with La Dernière Heure, "I am in favour of scrapping these coins".

However, Mr Reynders also sounded a note of caution in an attempt to counter arguments that a sudden withdrawal of the coins coul...

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