Tags: EU | Europe | New Euro Note

New 50-euro Note Unveiled to Combat Counterfeiting

New 50-euro Note Unveiled to Combat Counterfeiting

Tuesday, 05 July 2016 01:02 PM

FRANKFURT, Germany (AP) — The European Central Bank has unveiled a new 50-euro note as part of a program to make it harder to counterfeit the currency shared by 19 European countries.

The bank said Tuesday that the 50-euro note (worth $55.66) is the most widely used of its banknotes, accounting for 45 percent of all euros in circulation.

The ECB, which as the monetary authority for the eurozone 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.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Europe
The European Central Bank has unveiled a new 50-euro note as part of a program to make it harder to counterfeit the currency shared by 19 European countries.The bank said Tuesday that the 50-euro note (worth $55.66) is the most widely used of its banknotes, accounting for...
EU,Europe,New Euro Note
115
2016-02-05
Tuesday, 05 July 2016 01:02 PM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved