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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.
In the centre of the coin, the effigies of Grand Duke Henri of Luxembourg and King Albert II of the Belgians are depicted, 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.
H A II
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.
The sequence "2 ★ ★" repeated six times alternately upright and inverted.
2 ★ ★ 2 ★ ★ 2 ★ ★ 2 ★ ★ 2 ★ ★ 2 ★ ★