Sunday

26th Sep 2021

New euro notes to show tragic princess

  • Europa, abducted by Zeus, will figure on the new euro notes (Photo: cliff1066™)

In Greek mythology, the Phoenician princess Europa was abducted and raped by the king of the gods, Zeus.

But her image will from next year appear alongside pictures of windows and doors on euro banknotes as a security and decorative feature.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

"Portraits have long been used in banknotes around the world and research has shown that people tend to remember faces. Is there any better figure than Europa to serve as the new face of the euro?" the chief of the European Central Bank (ECB), Mario Draghi, said on Thursday (8 November) according to Bloomberg.

She will first appear on the €5 note in May, with other notes introduced in ascending order in the next few years.

Europa's face will be shown as a watermark and as a hologram. Until now, euro notes carried pictures of windows and doors in various architectural styles in a symbol of openness designed not to offend national sensibilities.

The new notes will also carry an emerald-coloured number.

The first series of banknotes will circulate alongside the old ones. But the old notes, first introduced 10 years ago, will eventually cease to be legal tender.

"The date when this occurs will be announced well in advance," the ECB said.

The old notes will retain their face value and will be exchangeable at any national central bank in the eurozone even when they are no longer valid in shops.

Meanwhile, counterfeiting euro notes has kept international law enforcement authorities busy.

In April, an international police sting in Bogota, Colombia dismantled a counterfeit print shop and depot manufacturing €50 and €100 bills.

Europol, the EU’s police agency, based in The Hague, said authorities seized over €19 million in counterfeit money in Columbia alone since 2006.

Auditors reject EU spending 18th year in a row

EU's top auditing body has for the 18 year in a row said there are too many errors in how EU money is spent, particularly in subsidies going to farmers and fishers.

ECB unveils new €5 note

The ECB launched a new €5 note on Thursday with a topical joke on the crisis and British euroscepticism.

Catalan MEPs lose immunity, slam 'political persecution'

Catalan separatist MEPs Carles Puigdemont, Toni Comín and Clara Ponsatí lost their parliamentary immunity - a result they have hailed as a "political victory" for bringing the conflict between Catalonia and Spain closer to the heart of Europe.

12-month Future EU Conference is 'impossible', expert warns

The debate about the much-delayed Conference on the Future of Europe so far has been locked in endless institutional infighting over who should lead the event - lowering the expectations about what can be achieved in the coming months.

Future of Europe: Nearly half of citizens want reforms

European Parliament president David Sassoli called for the Conference on the Future of Europe "to start as soon as possible". Meanwhile, nearly half of EU citizens would like to see reforms to the bloc.

News in Brief

  1. Italy arrests Puigdemont on Spanish warrant
  2. EU and US hold trade talks despite French wrath
  3. EMA to decide on Pfizer vaccine booster in October
  4. EU welcomes Polish TV-station move
  5. Ukrainian parliament passes law to curb power of oligarchs
  6. EU could force Poland to pay lignite-coal fine
  7. Report: EU and US concerned by tech-giants' power
  8. EU states sign 'transparency pledge'

MEPs chide Portugal and Council in EU prosecutor dispute

The Belgian and Bulgarian prosecutors who were appointed had also not been the experts' first choice. Belgian prosecutor Jean-Michel Verelst has challenged the council's decision at the European Court of Justice.

Stakeholders' Highlights

  1. Nordic Council of MinistersNATO Secretary General guest at the Session of the Nordic Council
  2. Nordic Council of MinistersCan you love whoever you want in care homes?
  3. Nordic Council of MinistersNineteen demands by Nordic young people to save biodiversity
  4. Nordic Council of MinistersSustainable public procurement is an effective way to achieve global goals
  5. Nordic Council of MinistersNordic Council enters into formal relations with European Parliament
  6. Nordic Council of MinistersWomen more active in violent extremist circles than first assumed

Latest News

  1. Activists: 'More deaths' expected on Polish-Belarus border
  2. EU unveils common charger plan - forcing Apple redesign
  3. Central Europe leaders rail against 'new liberal woke virus'
  4. Yemen's refugees in 'appalling conditions', says UN agency
  5. VW emissions software was illegal, top EU lawyer says
  6. Sexism and the selection of the European Parliament president
  7. More French names linked to Russia election-monitoring
  8. Negotiations set for new, tougher, EU ethics body

Join EUobserver

Support quality EU news

Join us