According to the central bank for the euro, the introduction of a new banknote is a practical measure to protect the euro against counterfeiting.
"The introduction of the new €50 will make our currency even safer. Its state-of-the-art security features help protect our money. It is part of our continued efforts to preserve the euro as a stable currency, a currency that 338 million people across the euro area rely on day by day," Yves Mersch, ECB Executive Board member, was quoted as saying in a statement.
The new banknote will have a special feature called portrait window, the bank specified. Thus, when the banknote is held up to the light, a transparent window at the top of the hologram shows a portrait of Europa, the moon goddess in the Greek mythology.
ECB to introduce new 50-Euro banknote in 2017 to fight counterfeiting
06 July 2016
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The European Central Bank (ECB) unveiled the new 50-euro banknote, due to enter into circulation on April 4, 2017.
