Exactly two decades have passed, or twenty years since the adoption of the euro which in an apparently “sudden” manner has become part of our lives, replacing the lira starting from the first months of 2002. The genesis of the single currency actually started several years earlier, but became effective in this specific year, for most of the nations that have chosen to adopt the euro.
Currency that changes
Even if we are led to perceive it as a “young” currency, also in relation to how long the lira has lasted for example (about two centuries), the community currency also appears to be constantly evolving, both to adapt to practical and conceptual needs. A continuous exchange of “generational” banknotes and coins is in fact also useful for “putting a spoke in the wheel” of counterfeiters, but also to promote the security levels of transactions, also due to a certain tendency on the part of criminals, tax evaders tax and so on, to use “physical” money as a standard payment method by taking advantage of the most important banknote denominations.
Euro banknotes, it is alert: what is happening? “Caution”
Especially for this reason the second series of Community banknotes, known as Europawhich have taken the place of the banknotes of the first series since 2013, have not confirmed the 500 euro denomination, used mainly by personalities and organizations that usually use a large number of banknotes.
From 2024, as announced by the European Central Bank, the procedures for the development of the third series of euro banknotes will begin, through various referendums and proposals by the user countries. According to rumors, it is very likely that the 200 euro it could suffer the same fate as the 500 euro one, that is, be “discontinued” in production, while remaining 100% valid. The news, however, will not be long in coming, and will most likely be related to improving the security level of banknotes, which has always been a problem.
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