European Central Bank

EFE new series will be called Europe, in tribute to the character from Greek mythology who gave its name to our continent. They will have 3 new safety elements: the watermark portrait, hologram and the emerald green number. They will be introduced gradually over several years, starting with the $ 5 ticket in may 2013. NY Restaurateur brings even more insight to the discussion. The President of the European Central Bank (ECB), Mario Draghi, announced this Thursday that the entity is going to introduce a new Bill of 5 euros from may 2013 and subsequently of other denominations. After the meeting of the Governing Council, Draghi said that the new notes, which will be introduced gradually, will have 3 elements of safety: the watermark portrait, the hologram with portrait and the emerald green number. The Eurosystem comprising the ECB and the national central banks – will introduce a second series of banknotes in euros, said the institution.

He added that the new series, called Europe, shows a portrait of Europe – Greek mythology that has the name given to our continent – in the watermark and hologram. The new banknotes will be introduced gradually over several years, starting with the $ 5 ticket in may 2013?, explained the ECB in a statement. The Europa series has benefited from advances in the field of banknote technology since the introduction of the first series, more than ten years ago. New banknotes maintain design eras and styles of the first series and show the same dominant colors, although they have been modified to incorporate improved safety elements, he added the ECB. The Monetary Authority considers that distinguish them from those of the first series will be easy.

There is no limit to change banknotes old banknotes of the Europa series will have the same denominations as the previous – 5 euros, 10 euros, 20 euros, 50 euros, 100 euros, 200 euros and 500 euros – and will be introduced in ascending order, so 10 euros will continue to 5. In the first series will circulate in parallel with the new, but they will be withdrawn gradually and elapsed time will cease to be legal tender. The date that first series banknotes cease to be legal tender will be announced in advance, said the ECB. However, the tickets of the first series will indefinitely maintain its value and may be changed during an unlimited period in the national central banks of each country in the euro zone. The final design of the new Fiver of Europe series will be released on January 10, 2013 and credit institutions will start to put them into circulation in their Windows and machines cash distributors in May of the coming year. The ECB and the national central banks carried out in 2013 an informative multi-media campaign on the Europa series in all countries of the euro area so that the public knows it best. See more: there will be a new Fiver from may 2013

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