Proposal for a Council Decision on the signature and conclusion of the monetary agreement between the European Union and the French Republic on keeping the euro in Saint-Barthélemy following the amendment of its status with regard to the European Union

Following a request from the President of the French Republic, the European Council agreed in October 2010 to amend the status of the island of Saint-Barthélemy, currently an outermost region of the EU, so that it has the status of an overseas country or territory, as referred to in Part Four of the Treaty on the Functioning of the European Union, as from 1 January 2012.

The French Republic has informed the institutions of the European Union of its intention to retain the euro as the currency of Saint-Barthélemy even though the island will no longer be part of the territory of the European Union.

EUR-Lex: COM(2011)360: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2011:360:FIN

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