Spectator on facebook

Spectator on facebook

FOCUS SHORT

New €5 banknote goes into circulation

MARIO Draghi, the president of the European Central Bank, launched into circulation a new €5 banknote in Bratislava in early May. The move followed the first meeting of the ECB’s Governing Council to be held in Slovakia, the SITA newswire reported.

MARIO Draghi, the president of the European Central Bank, launched into circulation a new €5 banknote in Bratislava in early May. The move followed the first meeting of the ECB’s Governing Council to be held in Slovakia, the SITA newswire reported.

The new banknote, which incorporates new and enhanced security features, benefits from advances in banknote technology that have been made since the first series was introduced in 2002. The watermark and hologram display a portrait of Europa, a figure from Greek mythology – hence the name of the series. An eye-catching “emerald number” changes colour from green to deep blue and displays a light effect that moves up and down. Short raised lines on the left and right edges of the banknote make it easier to identify the banknote, especially for visually impaired people. All these security features can be found on the front side of the new note and can be readily checked using the “feel, look and tilt” method. It is envisaged that they will be included in all Europa-series banknotes, the ECB wrote on its website.

Other banknotes in the series will be introduced in the years ahead, with the €10 note the next to change. Old €5 banknotes will remain valid indefinitely but will be gradually removed from circulation.

Topic: Finances and Advisory


Top stories

Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.

Legendary Luna bar to reopen Photo

The programme in the bar will focus on retro and oldies.

Luna Bar in the Kyjev Hotel