ECB launches new 10-euro banknotes

Published September 24, 2014
Paris: A staff member shows the new 10-euro banknotes, during the new banknote presentation at the Bank de France headquarters on Tuesday.—AFP
Paris: A staff member shows the new 10-euro banknotes, during the new banknote presentation at the Bank de France headquarters on Tuesday.—AFP

FRANKFURT: The European Central Bank announced that the new 10-euro banknote will start circulating from Tuesday.

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

It started with new five-euro banknotes in May 2013 and new 10-euro notes are being introduced from September 23.

Also read: ECB unveils 10-euro banknotes

To mark the launch, the ECB uploaded public information ads in 23 different languages on the YouTube platform and also a gallery of photos on the social media site Flickr. In addition, the ECB used its account on the micro-blogging Twitter site, offering followers a chance to win an iPad by posting a “selfie” with a new 10-euro note.

Like the new five-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 colour from emerald green to deep blue.

The 10-euro banknotes 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 ceasing to be legal tender.

Published in Dawn, September 24th, 2014

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

A state of chaos

A state of chaos

The establishment’s increasingly intrusive role has further diminished the credibility of the political dispensation.

Editorial

Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...
Iranian tragedy
Updated 21 May, 2024

Iranian tragedy

Due to Iran’s regional and geopolitical influence, the world will be watching the power transition carefully.
Circular debt woes
21 May, 2024

Circular debt woes

THE alleged corruption and ineptitude of the country’s power bureaucracy is proving very costly. New official data...
Reproductive health
21 May, 2024

Reproductive health

IT is naïve to imagine that reproductive healthcare counts in Pakistan, where women from low-income groups and ...