Arab Today, arab today ecb to launch new euro banknotes in may
Last Updated : GMT 11:16:14
Arab Today, arab today
Arab Today, arab today

ECB to launch new euro banknotes in May

Arab Today, arab today

Arab Today, arab today ECB to launch new euro banknotes in May

Frankfurt - AFP

The European Central Bank announced Thursday that it will launch a new series of euro banknotes gradually over the coming years, starting with a new five-euro note in May 2013. ECB chief Mario Draghi told a news conference here that the current notes, launched on January 1, 2002, would be gradually withdrawn from circulation. \"The European Central Bank and the national central banks of the eurosystem are to introduce a second series of euro banknotes. Called the \'Europa\' series, it will include a portrait of Europa -- a figure from Greek mythology and the origin of the name of our continent -- in the watermark and the hologram. \"The new banknotes will be introduced gradually over several years, starting with the five-euro banknote in May 2013,\" Draghi said. The new series would benefit from advances in banknote technology since the first series was introduced more than ten years ago. Its security features have been enhanced, the ECB said. The new banknotes would have the same colours and sames denominations as the the current ones -- five, 10, 20, 50, 100, 200 and 500 euros -- but would be \"easy to distinguish from the first series.\" They would be introduced in ascending order, so that after the five-euro note, the 10-euro bank would follow. Initially, the first series would circulate alongside the new banknotes, but old notes will gradually be withdrawn and eventually cease to be legal tender. The date for this would be announced \"well in advance.\" However, the banknotes of the first series would retain their value indefinitely and can be exchanged at the eurosystem national central banks at any time. The new five-euro notes would be unveiled in full on January 10 2013 and banks would start to issue the new notes over the counter or via cash dispensers in May next year, the ECB said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ecb to launch new euro banknotes in may Arab Today, arab today ecb to launch new euro banknotes in may

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday