The European Commission is considering a proposal to phase out 1-euro cent and 2-euro cent coins, an EU document showed, in what would be a cost-saving move as the coins' production and handling ...

Italy will no longer mint 1- and 2-cent euro coins from 2018, a parliamentary committee decided at the weekend. The move means all prices in Italy will be rounded to the nearest 5 cents.

The European Commission is considering a proposal to phase out 1 cent and 2 cent coins, an EU document showed, in what would be a cost-saving move as the coins' production and handling costs often ...