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Topic: Euro banknotes

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In the News (Fri 24 May 19)

  ECB: Euro banknotes
The euro banknote series comprises seven different values (denominations): €5, €10, €20, €50, €100, €200 and €500.
The euro banknotes were designed by Mr Robert Kalina of the Austrian central bank (Oesterreichische Nationalbank).
Euro banknotes with the signature of the ECB President, Jean-Claude Trichet
www.ecb.int /bc/euro/banknotes/html/index.en.html   (172 words)

  Euro   (Site not responding. Last check: 2007-10-26)
The euro (€; ISO 4217 code EUR) is the currency of twelve of the twenty-five nations that form the European Union (and four outside it, as well as Montenegro and Kosovo), which form the Economic and Monetary Union (EMU).
All euro coins have a common obverse showing the worth and a national reverse showing an image particular to the country it was issued in; the monarchies have a picture of their reigning monarch, other countries usually have their national symbols.
The euro was established by the provisions in the 1992 Maastricht Treaty on European Union relating to establishing an economic and monetary union.
www.gogoglo.com /wiki/en/wikipedia/e/eu/euro.html   (3780 words)

 Euro banknotes - Wikipedia, the free encyclopedia
The euro was formally established as a unit of exchange on 1 January 1999, and euro banknotes and coins (see euro coins) entered circulation on 1 January 2002.
The "paper" used for Euro banknotes is in fact 100% pure cotton fibre, which improves their durability as well as imparting a distinctive feel.
Although the design of the Euro banknotes was intended to depict bridges and arches/windows/gateways to represent the connectedness and openness of the European Union, respectively, the intended solidarity of the Member States was, ironically, not present in the design-process.
en.wikipedia.org /wiki/Euro_banknotes   (2278 words)

 Introduction of EURO Banknotes and Coins 
However, if you still have national banknotes after the dual circulation period has ended, the 12 national central banks of the euro area will exchange national banknotes for euro free of charge for a minimum of 10 years, and national coins for a minimum of two years.
The euro will be comprised of seven different banknotes and eight coins, replacing the national banknotes and coins of the countries in the euro area.
Euro area Member States then began implementing a common monetary policy and the euro was introduced as the single currency with the 11 currencies of the participating Member States becoming subdivisions of the euro.
www.delmkd.cec.eu.int /en/euro/info.htm   (1273 words)

 Bank of Greece - Euro Banknotes and coins
On 1 January 2002 euro banknotes and coins will be put in circulation; thus it will become possible to effect all payments in euro, irrespective of size, although drachma banknotes and coins can also be used for payments until 28 February.
In addition, firms can be frontloaded by their banks with euro coins from 1 November 2001 and with low-denomination euro banknotes (5 and 10 euro) from 1 December 2001.
A euro cent does not represent negligible value: The 1 euro cent coin corresponds to 3 drachmas, the 10 euro cent coin represents 34 drachmas and the 50 euro cent coin is worth 170 drachmas.
www.bankofgreece.gr /en/euro/EuroBanknotesAndCoins.asp   (590 words)

 European Ombudsman Decision 1939/2002/IJH
If information on the stocks and flows of banknotes in the territories of different euro area Member States were to be made available to the public, it could jeopardise the security of both the storage of banknotes and their subsequent transfer between national central banks: these transfers are made to compensate for any (potential) shortages.
As regards the issue of security, the complainant points out that variations in country-specific stocks of euro banknotes would not normally lead to transfers of banknotes between national central banks and that Article 3 (4) of Decision ECB/2001/15 makes clear that such transfers are the exception and not the rule(3).
Disclosure of statistics about stocks and flows of Euro banknotes in the territories of different euro area Member States could undermine the interests set out in Article 4 of Decision ECB/1998/12, because it could jeopardise the security of both the storage of banknotes and their subsequent transfer between national central banks.
www.euro-ombudsman.eu.int /decision/en/021939.htm   (2483 words)

 Fleur de Coin - Introduction to the european currency (euro)   (Site not responding. Last check: 2007-10-26)
E-day was the culmination of a six year programme to design and print over 14 billion euro banknotes and mint 50 billion euro coins.
The banknotes were issued in seven denominations: €5, €10, €20, €50, €100, €200 and €500 and the new coins came in eight denominations - 1, 2, 5, 10, 20 and 50 cent, and €1 and €2.
Euro collector coins may be sold at or above face value and the approval for the volume of collector coins issue should be sought on an aggregate basis rather than for each individual issue.
www.fleur-de-coin.com /articles/euro.asp?sec=3   (1210 words)

 EURO - Europe’s single currency
The euro is the currency of twelve European Union countries, stretching from the Mediterranean to the Arctic Circle (namely Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland).
Euro banknotes and coins have been in circulation since 1 January 2002 and are now a part of daily life for over 300 million Europeans living in the euro area.
The Euro symbol - € -, developed by the European Commission, was inspired by the Greek letter epsilon and also denotes the first letter of the word "Europe".
www.delalb.cec.eu.int /en/euro_and_you/index.htm   (307 words)

 Navasol Euro Banknotes and Coins   (Site not responding. Last check: 2007-10-26)
Banknote fractions are €5,- €10,- €20,- €50,- €100,-€200,and €500.
Look at the banknote and hold it up to the light: the watermark, the security thread and the see-through register will then be visible.
Tilt the banknote: on the front of the banknote, you can see the shifting image (on the low-value banknotes) or the hologram foil patch (on the high-value banknotes).
www.navasol.com /euro2.asp   (205 words)

 Economic and Financial Affairs - The Euro: Our Currency - Euro notes and coins
Euro banknotes have replaced the different sets of banknotes in the previous national currencies.
The European Central Bank is responsible for the overall authorisation of euro banknote issues but the practical aspects of putting these notes into circulation is carried out by the national central banks of the Member States having adopted the euro.
The designs of the notes are the same throughout the euro area and feature windows and gateways (on the front) and bridges (on the reverse) from different periods in Europe's architectural history.
ec.europa.eu /economy_finance/euro/notes_and_coins/notes_main_en.htm   (138 words)

 The stability-oriented monetary policy of the European Central Bank   (Site not responding. Last check: 2007-10-26)
We are confident that the Euro 2002 Information Campaign will inform the public about the introduction of the euro banknotes and coins, both inside and outside the euro area, as will the public relations campaigns already launched by the euro area national central banks and other (international) organisations.
A rather extreme form of adjusting to the introduction of the euro is euroisation, which implies the adoption of the euro as legal tender by a country outside the euro area.
Those countries outside the euro area having traditionally close ties with the countries that have adopted the euro are rightly considering the consequences for themselves of the introduction the euro.
www.europakommisjonen.no /euro_and_you/sleijpen.htm   (4295 words)

 Bundesbank - Currency - FAQ - Euro-banknotes
The Bundesbank's euro for DM exchange guarantee covers an unlimited amount of cash and runs for an indefinite period.
The European Union of the Blind was consulted from the start of the design phase of the euro banknotes (1995) because designs that are good for the blind and partially sighted are good for everyone.
For information on the UV properties of the euro banknotes, see the guidelines on how to identify counterfeit euro banknotes.
www.bundesbank.de /bargeld/bargeld_faq_eurobanknoten.en.php   (1248 words)

 Euro banknotes & coins   (Site not responding. Last check: 2007-10-26)
On 1 January 2002, the euro banknotes and coins were introduced in 12 Member States of the European Union, with seven different banknotes and eight coins.
The arrival of the euro, however, means much more than exchanging one currency for another.
It is in all our best interests to familiarise ourselves with the look and feel of the euro banknotes and coins.
www.euro.ecb.int /en/section.html   (189 words)

 EuroScan - Prensa
The total number of counterfeit euro coins removed from circulation is by far lower than the overall number of counterfeit coins of legacy currencies before the introduction of the euro.
Counterfeit euro coins detected in circulation, 2002 - 2005 50-cent 1-euro 2-euro Total 2002 28 1.281 1.030 2.339 2003 185 6.318 19.688 26.191 2004 858 9.103 64.603 74.564 2005 3.535 12.473 79.951 95.959 TOTAL 4.606 29.175 165.272 199.053 In addition, 3.557 counterfeit euro coins were seized before circulation, during law enforcement operations.
As far counterfeit euro banknotes are concerned, around [286.000 pieces] were withdrawn from circulation in the second half of 2005 according to the European Central Bank.
www.euroscan.es /ING/SectorPrensaDet2.asp?Id=282   (823 words)

The process of selecting suitable designs for the euro banknotes began in1995 when the European Monetary Institute,the forerunner of the European Central Bank,selected two themes for the euro banknote series:“Ages and styles of Europe”and an abstract or modern theme.
In February1996 a design competition was launched in which banknote designers nominated by the national central banks of the European Union were asked to sketch a series of seven banknotes (E5, E10, E20, E50, E100, E200 and E500) using one or both of the themes.
The euro banknotes depict the architectural styles of seven periods in Europe’s cultural history – Classical,Romanesque,Gothic,Renaissance, Baroque and Rococo,the age of iron and glass architecture,and modern 20th century architecture –; and emphasise three main architectural elements:windows,gateways and bridges.
www.euro-collector.com /banknoteinfos.htm   (316 words)

 Fleur de Coin - Security features in the euro coins and banknotes   (Site not responding. Last check: 2007-10-26)
When the banknote is held up to the light you will notice a dark line across the entire width of the banknote.
While being viewed against the light, the banknote can also be checked for the see-through register (3): This feature is in the top left-hand corner on the front of the banknote.
The lower denominations, the €5, €10 and €20 banknotes, have an iridescent stripe (7).
www.fleur-de-coin.com /articles/eurosecurity.asp?sec=3   (898 words)

 EuroScan - Check Euro Banknotes
at the banknote and hold it up to the light: the watermark, the security thread and the see-through register will then be visible.
the banknote: on the front of the banknote, you can see the shifting image on the hologram foil stripe (on the low-value banknotes) or the hologram foil patch (on the high-value banknotes).
the banknote: on the reverse side, if you tilt the banknote, you can see the brilliance of the iridescent stripe (on the low-value banknotes) or the colour-shifting ink (on the high-value banknotes).
www.euroscan.es /ING/EuroVerificacion.asp   (138 words)

 ECB: European Central Bank home page
The launch of the single currency will be a milestone in the two countries’ economic development.
A conference entitled "EMU Governance and Euro Changeover: Malta on the path to the euro" will take place on 1 October 2007 in Valletta featuring a number of high-ranking speakers.
Euro area yield curves Euro area yield curves
www.ecb.int   (304 words)

 Euro - Wikipedia, the free encyclopedia
Euro coins from one country can be used in another country that uses the euro; it does not matter from which country the coin originated.
The euro coins are €2, €1, 50c, 20c, 10c, 5c, 2c and 1c (known as tinies for their small size), though the latter two are not minted in Finland or the Netherlands (but are still legal tender).
The euro is widely perceived to be one of two, or perhaps three, major global reserve currencies, making inroads on the widely used U.S. dollar (USD), which has historically been used by commercial and central banks world-wide as a stable reserve on which to ensure their liquidity and facilitate international transactions.
en.wikipedia.org /wiki/Euro   (5266 words)

 [No title]   (Site not responding. Last check: 2007-10-26)
Nearly two years after euro banknotes and coins came into circulation, the mood has changed among countries taking part in Europe’s monetary experiment.
In the second half of 2004, a total of 287,000 counterfeit euro banknotes were withdrawn from circulation, both in euro area and in non-euro area countries.
On January 1, 2002, Euro banknotes and coins were introduced in France and the other member European Union countries.
lycoszone.lycos.com /info/euro-banknotes.html   (402 words)

 [No title]   (Site not responding. Last check: 2007-10-26)
Potential shortages of banknotes in one country can be compensated for by surplus stocks from a national central bank in another country.
The introduction of euro banknotes and coins in 2002 laid the foundations for a single euro payments area.
With reference to the Japanese news agency Kyodo[2] PTE reports that the chips are to be supplied by the Japanese electronics maker Hitachi, which in February said it had successfully operated the world’s smallest noncontact chip, the so called Mu-Chip with the size of a grain of sand.
lycoszone.lycos.com /info/euro-banknotes--miscellaneous.html   (478 words)

 Euro Information
Euro notes are identical across the euro area.
These can be used anywhere within the euro area, regardless of country of issue.
The notes differ in size and colour by denomination with the values printed in large figures to facilitate recognition by the visually impaired.
www.euro.gov.uk /eurobanknotes.asp   (67 words)

 [No title]
The euro is the new currency that many countries that are part of the European Union now use.
The symbol for the euro is "€" and its abbreviation is "eur."
Euro banknotes in all countries look the same, front and back.
www.usmint.gov /kids/index.cfm?fileContents=coinnews/theEuro.cfm   (675 words)

 The euro - Europe's single currency - EUbusiness - EU law, politics and finance   (Site not responding. Last check: 2007-10-26)
Rapid euro adoption would reduce Russian influence on Lithuania: MEP
Hungary to adopt the euro in 2011 "at the earliest": finance minister
Slovak finance minister makes euro entry pledge: report
www.eubusiness.com /topics/Euro   (855 words)

 The EURO - Europe's New Currency
With the changeover to the euro on January 1, 1999, the practice of quoting exchange rates in price notation (ie, how many euros you have to pay for one foreign currency unit) will be replaced by volume notation (ie, how many foreign currency units you will get for one euro).
The external value of the euro corresponds to the external value of the ECU, which means that the conversion rate between them is one to one (1 [official] ecu = 1 euro).
IBM's Euro Centre provides information that is directed primarily towards businesses that are preparing for the introduction of the euro.
fx.sauder.ubc.ca /euro/euro.html   (4597 words)

 Radio ID chips may track banknotes | CNET News.com
Last year, Greek authorities were confronted with 2,411 counterfeiting cases and seized 4,776 counterfeit banknotes, while authorities in Poland nabbed a gang suspected of making more than a million fake euros and putting them into circulation.
The euro came into circulation on Jan.1 last year, with 12 countries adopting it as standard currency: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal and Spain.
In a euro note, the number could contain a serial code, as well as details such as place of origin and denomination.
news.com.com /2100-1017_3-1009155.html   (568 words)

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