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September 24, 2014

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New 10-euro notes start circulation

THE European Central Bank said the new 10-euro banknote started circulating from yesterday.

The ECB is gradually phasing in new banknotes to replace those in circulation since the euro became a physical currency in January 2002.

It started with new 5-euro banknotes in May 2013, and new 10-euro notes were being introduced from yesterday.

To mark the launch, the ECB uploaded public information ads in 23 different languages on YouTube and also a gallery of photos on the social media site Flickr.

In addition, the ECB used its account on the microblogging Twitter site, offering followers a chance to win an iPad by posting a “selfie” with a new 10-euro note.

Like the new 5-euro note, the new 10-euro note has enhanced security features.

Its hologram and watermark include a portrait of Europa, a figure from Greek mythology. It also has an “emerald number,” which when tilted changes color from emerald green to deep blue.

The 10-euro banknotes of the first series will continue to be issued in order to use up stocks. They will circulate alongside the Europa series 10-euro notes before being phased out later on and eventually ceasing to be legal tender.




 

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