Amateur proposal of an Andorran euro
Andorra, a landlocked country between France and Spain, never had its own currency. It used the French franc (FRF) and the Spanish peseta (ESP) until the introduction of the euro in 2002, which it uses since.
The country never had an agreement with any country on currencies, like San Marino, Vatican City or Monaco (which pegged their quasi-currencies to the lira or the franc), so it uses the euro without any formal approval. That means it cannot issue its own coins. Despite there is no official currency, Andorra sometimes issues commemorative coins in Andorran diners (ADD).
Andorra tries to change that situation. It asked for a monetary agreement with the EU in 2003 and negotiates since 2004.
However, by 2010, these negotiations could not conlude as Andorra is a tax haven and the EU tries to abolish these. The wish of the Andorran government to have a monetary agreement and a formal currency is an effective opportunity to have an effect of Andorra's tax haven status.
If an agreement reached, Andorran coins can appear in 2012 at earliest.
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