ECB begins circulation of new 10-euro bank notes

Source:AFP Published: 2014-9-23 21:13:14

An employee of the Banque de France shows the new 10-euro banknote onto a screen during its presentation at the Bank de France headquarters in Paris on Tuesday. Photo: AFP





The European Central Bank (ECB) announced that the new 10-euro banknote would start circulating from Tuesday.

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

It started with new 5-euro notes in May 2013, and the new 10-euro notes are being introduced from Tuesday.

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 notes 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 scraped.

AFP

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