Soon after consultations with the general public, a concept for the new notes is going to be decided on. A structure Level of competition for The brand new banknotes will comply with, after which the ECB will once more consult the public.
The ECB can make new banknotes accessible to the pertinent sectors very well in advance in their introduction and cooperates closely with all stakeholders underneath the Eurosystem Partnership Programme in an effort to support a clean changeover.
A digital euro could well be a digital form of central financial institution income, precisely the euro. It could be utilized by most people in Substantially the exact same way as cash, only in virtual kind.
Euro banknotes are created in the course of Europe in eleven significant-stability printing works. The Bundesbank is the only real establishment in Germany that can problem banknotes, and therefore They can be accountable for selecting who will print them.
The European Commission generates a on a regular basis up to date overview of the primary info and figures on euro banknotes:
This helps to foster self-assurance and trust inside our solitary currency, both as a way of payment and as being a store of benefit. If a digital euro were to become issued Later on, it will exist together with hard cash and wouldn't affect the function of euro banknotes.
The new notes also replicate the expansion from the European Union: each individual member of the EU is depicted on it. The Original series did not incorporate the modern customers Cyprus and Malta (Cyprus was off the map towards the east and Malta was way too small to get depicted.)[eighteen]
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As in the design technique of the main series of copyright, visually impaired people had been consulted through the style and design phase from the Europa sequence, and their opinions A part of the ultimate designs.[eighty three]
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The euro banknotes are created of pure cotton fibre, which enhances their durability together with providing the banknotes a particular sense.[19]
The central graphic, the writing and the big price numerals around the entrance as well as the facet with the banknotes are lifted slightly, in order to experience them along with your fingertips.
A 19-member advisory board, with 1 member from Every eurozone member state, was appointed and tasked with proposing a shortlist of eurobanknoten themes for the new banknotes.
The look of our banknotes is actually a symbolic representation of European integration. The Home windows, gateways and bridges symbolise openness and cooperation concerning the persons of Europe.