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Tue, 23 Sep, 2014 12:06:49 AM
FTimes Report, Sept 23

The new ten euro banknote will gradually enter circulation from Tuesday onwards.

The €10 banknote of the Europa series will enter into circulation on 23 September 2014 according to a release from the Bank of Finland.

“It’s essential that everyone who uses euro banknotes can continue to do so with complete confidence. That’s why we’re introducing the Europa series”, said Yves Mersch, the ECB’s Executive Board member responsible for banknotes in the release.

According to the release,the new €10,similar to the new €5 has several enhanced security features as well as a fresh look. Its hologram and watermark include a portrait of Europa, a figure from Greek mythology.

It also has an “emerald number”. When tilted, the shiny number displays an effect of the light that moves up and down, and also changes colour from emerald green to deep blue. With these features and others, the new €10 is very easy to check using the “feel, look and tilt” method.

The Eurosystem has taken many measures to further support the producers and owners of banknote handling machines and authentication devices in order to facilitate  the introduction of the new banknote and to ensure it is as widely recognised.

The first series of  €10 banknotes will continue to be issued in order to use th e existing stocks.They will circulate  alongside the Europa series €10 before being phased out later on and eventually ceasing to be legal tender said the release.

 

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