Obverse. Photo © NumisCorner.com
  • 2 Euro 2005, KM# 240, Belgium, Albert II, Belgium-Luxembourg Economic Union
  • 2 Euro 2005, KM# 240, Belgium, Albert II, Belgium-Luxembourg Economic Union

The Belgium–Luxembourg Economic Union, abbreviated to BLEU or UEBL, is an economic union between Belgium and Luxembourg, two countries in the Benelux Union.

BLEU was created by a treaty, signed on 25 July 1921, despite a referendum against such a proposal, between Belgium and Luxembourg, and came into effect upon ratification by the Luxembourg Chamber of Deputies on 22 December 1922. Under the terms of the treaty, the economic frontier was lifted and the Belgian franc and Luxembourg franc were set at a fixed parity (though revised in 1935 and 1944) establishing a monetary union, which existed up until the introduction of the Euro. The original treaty lasted for fifty years, expiring in 1972; this was extended for ten years in 1982 and again in 1992. On 18 December 2002, the two countries and the three regions of Belgium signed a new convention.


Depicts the effigies of Grand Duke Henri of Luxembourg and King Albert II of the Belgians, looking left. The engraver's initials (LL) are in the lower right, while the year mark is below the effigies. On the outer circle, the twelve stars of the European Union are displayed, along with the mint mark on the bottom, the monogram of Grand-Duke Henri to the left and the monogram of King Albert II to the right.

Albert II (born 6 June 1934) reigned as King of the Belgians from 1993 until his abdication in 2013. Albert II was the fourth monarch to abdicate in 2013, following Pope Benedict XVI, Queen Beatrix of the Netherlands, and Emir Hamad bin Khalifa of Qatar. In doing so, he was also the second Belgian monarch to abdicate following his father, King Leopold III, who abdicated in 1951, albeit under very different circumstances.

Henri (born 16 April 1955) is the Grand Duke of Luxembourg, reigning since 7 October 2000. He is the eldest son of Grand Duke Jean and Princess Joséphine Charlotte of Belgium, and a first cousin of the current King of the Belgians, Philippe.

Mintmark: Head of Archangel St. Michael is a patron saint of Brussels (Royal Belgian Mint)
Privy mark: Royal Belgian Mint director Romain Coenen (scale)
Engraver: Luc Luycx



A geographical map of Western Europe spans the outer ring and inner core on the right side of the coin. The inscription 2 EURO is superimposed over the map of Europe, with the numeral “2” located in an open field representing the eastern Atlantic Ocean.

12 stars are located on the right side of the outer ring, with six stars atop the map of Europe and six stars below it; six vertical stripes cut across the inner core of the coin, visually connecting the upper and lower star segments.

Luc Luycx, a designer at the Royal Belgian Mint, designed the Euro’s common reverse; his initials, LL, are seen on the right side of the design, just under the “O” in “EURO.”



The sequence "2 ★ ★" repeated six times alternately upright and inverted

2 ★ ★ 2 ★ ★ 2 ★ ★ 2 ★ ★ 2 ★ ★ 2 ★ ★

2 Euro

Belgium-Luxembourg Economic Union

KM# 240 LA# BEM-8.2
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Type Commemorative Issue (Circulating)
Material Bi-Metallic
Ring Cupronickel
Center Nickel Brass
Weight 8.5 g
Diameter 25.75 mm
Thickness 2.2 mm
Shape round
Alignment Medal
Royal Belgian Mint

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