facebook
twitter
rss
account
search
search
 

New euros on the way, says ECB

Nov. 9, 2012 at 12:52 PM   |   Comments

FRANKFURT, Germany, Nov. 9 (UPI) -- The European Central Bank said Friday the bank would roll out new denominations, starting with a 5 euro note in 2013.

"The new series, called Europa, features a portrait of Europa -- a figure from Greek mythology after whom the continent was named -- in the watermark and in the hologram," the ECB said in a statement.

The banks said the 5 euro note would be put into circulation in May.

Other denominations that take advantage of technological progress will circulate, along with the original set of euro notes, which will be phased out, ThinkSpain reported.

"The date when the old notes will no longer be legal tender will be announced in plenty of time," the bank said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Tesla could face sales ban in Michigan Tesla could face sales ban in Michigan
2
Early completion of refit of Italian aircraft carrier Early completion of refit of Italian aircraft carrier
3
British Reaper UAVs join the fight against Islamic State British Reaper UAVs join the fight against Islamic State
4
Russia doesn't fear Azeri gas, scholar says Russia doesn't fear Azeri gas, scholar says
5
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
Trending News
Around the Web
x
Feedback