Greek 5 cents coins

The poorest member of the EU, Greece saw EMU as an essential step towards achieving its strategic and economic ambitions. In spite of the euro's weakness when Greece entered the euro-zone on January 1 2001, opinion polls showed that some 70 per cent of Greeks were in favour of membership. There was little attachment to the drachma, as europe's second-oldest currency was linked in Greek minds with economic and political backwardness. Greece leveraged the euro to encourage foreign direct investment with a view to the country becoming a business and transport hub, linking south-east Europe with EU markets.

The following 5 cents coins have circulated in Greece since the introduction of the Common European Currency on January 1, 2002: