Fabian Demicoli

Eurosystem to introduce new €10 banknote in 2014


Over 10 years
after the introduction of euro banknotes and coins, the Eurosystem – the
European Central Bank (ECB) and the national central banks (NCBs) of the euro
area – will unveil a new Europa series €10 banknote on 13 January 2014 and
issue the note later in the year.

The €10 banknote follows the €5 banknote
which entered circulation on 2 May 2013. The Europa series notes have several
new and enhanced security features to make them even more resistant to
counterfeiting. They include a portrait of Europa – a figure from Greek
mythology and the origin of the name of the European continent – in the
hologram and the watermark. To support introduction of the new banknotes, a
Eurosystem Partnership Programme has been set up for banknote equipment
manufacturers and suppliers as well as clients and users of banknote handling
machines and authentication devices. The Europa series banknotes will be
introduced in ascending order, so the €20 will follow the €10, at a date still
to be determined.

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