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The penny? It costs three

Source: TGCOM

And unless the currency used in Italy

Producing a 1 cent coin costs just 2.5 cents plus VAT (20%), and then, to coin money and less used by the Italians is hated more spend nearly 3 cents. It 'as found by the scientists who attributed the high cost of this money to metals (some of which precious metal) in it. Meanwhile, the Codacons claims that 90% of Italians would like to remove the change.

The notorious penny has the steel core and the exterior covered with copper, a metal considered valuable, however, that ultimately makes this coin uneconomic. Many experts argue, however, it is enough that the change Nornal costing more than they're worth. Their aim is to use the money market, serve it to dial the numbers exactly, to the euro cent. In addition, very little wear on the contrary, the notes and their life is virtually infinite, we use thousands of times and then they pay well.

The debate is open and therefore, apart from Italy, in Europe there are many other countries who would like to ban small change. Finland, Germany and England are trying, but without much success, to restrict the use of petty cash. According to the consumer association Codacons, 90% of Italians would like to eliminate the most valuable pieces low.