Does the Banco de España still issue banknotes and coins?
Euro-denominated banknotes are issued by ECB and by the Eurosystem national central banks, although they are actually placed in circulation by the latter. Euro-denominated coins are issued by the Member States. The Banco de España is responsible for placing coins in circulation in Spain and performs on behalf of the State any other related functions, although the volume issued every year is approved by the ECB.