Bahrain
Kuwait
Oman
Middle East
GDN Online App available on
App Store / Play Store
Gulf Daily News Gulf Daily News
Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News
Monday, September 24, 2018 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGOUT   |  CONTACT US

New 50-euro note unveiled

International Business
Wed, 06 Jul 2016

Frankfurt: The European Central Bank (ECB) has unveiled a new 50-euro note as part of a programme to make it harder to counterfeit the currency shared by 19 European countries.

The bank said yesterday that the 50-euro note is the most widely used of its banknotes, accounting for 45 per cent of all euros in circulation.

The ECB, which as the monetary authority for the euro zone issues the currency, said new features in the banknote will make it safer. 

They include a hologram of Europa, a figure from Greek mythology, a new watermark, as well as a new emerald green reflective paint. The new banknote will come into circulation in April next year.

You Might Like