The ECB launches a competition for the design of future euro banknotes
The European Central Bank announced this Tuesday the launch of a competition for the design of the new euro banknotes, a process that has already begun and is expected to be completed before the end of 2026
The European Union hopes to have the new design of the euro ready before the end of 2026. In this process of change, which has already begun, the European Central Bank (ECB) launched a competition to the public for submissions of ideas.
It was learned that “the Governing Council has already selected two possible themes for future euro banknotes after consulting experts and the public: one is European Culture, focusing on the common cultural heritage and famous Europeans, and the other, Rivers and Birds, which celebrates the resilience and diversity of Europe’s natural ecosystems. In January, the Governing Council also selected the motifs to illustrate the two possible themes.”
The call is open to graphic designers residing in the European Union and consists of two phases: the first is the application, which closes on August 18, and the second is the design proposal phase.
According to the ECB, in the first phase, applicants must meet specific requirements for the competition, which includes an assessment of their qualifications and achievements. Once selected, the graphic designers will be invited to participate in the second phase and submit their proposals. The competition jury, composed of independent experts, will evaluate the proposals and select a maximum of five per theme.
Regarding the process for the new euro banknotes, ECB President Christine Lagarde said: “The euro is more than a currency: it symbolizes European unity and diversity. With this competition, we invite designers from across Europe to envision the future of our banknotes to reflect our shared cultural identity and natural heritage.”
Once the competition is over, citizens will be able to give their opinion on the selected designs. The Governing Council is expected to make a final decision before the end of 2026. Production of the banknotes must then begin, and their entry into circulation may take a few years.
M.Pino
Source: bolsamania
(Main reference image source: Mufid Majnun on Unsplash)
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