This year the Royal Belgian Mint will have to produce more eurocent coins because too many people are hoarding them in jam jars and the like.
Hoarding must be in Belgians’ genes. Belgians have a hard time spending money and countless eurocents too are out of circulation because people are not spending them. The daily La Dernière Heure reports that this year alone the Royal Mint will have to produce 34 million new one eurocent coins and 22 million new two eurocent coins.
Hundreds of thousands of euros in eurocent coins are stashed away in Belgian drawers, piggybanks or in a sock under your mattress. The tale is not a new one. Belgians did just the same with one franc coins and fifty centimes coins and 3.4 billion coins worth 84 million euros went “missing”.