1992 AD., Portugal, Portugal's Presidency of the Council of the European Union commemorative, Lisbon mint, 200 Escudos, KM 663.

Portugal, Portugal's Presidency of the Council of the European Union commemorative, engravers: Isabel Carriço and Fernando Branco, Lisbon mint, 1992 AD.,
200 Escudos (ø 36 mm / 20,83 g), copper-nickel, 21,00 g. theor. mint weight, mintage 1.000.000 , axes coin alignment ↑↓ (180°), reeded edge,
Obv.: 200 escudos / INCM / REPÚBLICA PORTUGUESA / ISABEL C./F. BRANCO , in front of a wave design: to left a Portuguese shield, value to r., mint mark, country name and engraver´s name in a semicircle below.
Rev.: PRESIDENCIA DA COMUNIDADE EUROPEIA – 1992 , a circle of 12 stars within wave-like design, legend in a semicircle below, engraver´s name and mint mark below, wheel-like symbol to left.
KM 663 .

Year / Mint Mark / Mintage
1992 / INCM / 1.000.000

The Presidency of the Council of the European Union is responsible for the functioning of the Council of the European Union, the upper house of the EU legislature. It rotates among the member states of the EU every six months. The presidency is not an individual, but rather the position is held by a national government. It is sometimes incorrectly referred to as the President of the European Union. The presidency's function is to chair meetings of the Council, determine its agendas, set a work programme and facilitate dialogue both at Council meetings and with other EU institutions. Head of government Jan–Jun 1992 was Aníbal Cavaco Silva then.

more on https://en.wikipedia.org/wiki/Presidency_of_the_Council_of_the_European_Union