"Europa": 2nd series of euro banknotes

[uvy]

BE -> E,F,W or R ...

Why not BE -> Z? Belgian printer closed too?

[ahm]

Why not BE -> Z? Belgian printer closed too?

Yes, unfortunately. Here is a pretty recent press statement that the building will be sold soon. They also say that their own printing activities are discontinued.

So, it's X, P, T and Z that won't produce Euro banknotes any more.

[uvy]

....So, it's X, P, T and Z that won't produce Euro banknotes any more.

Sad news... Maybe Polish printer D or British De la Rue J and H wll print euro banknotes someday...

[JordiJanTaxi]

....So, it's X, P, T and Z that won't produce Euro banknotes any more.

Sad news... Maybe Polish printer D or British De la Rue J and H wll print euro banknotes someday...

Print banknotes in Poland can have some future, as they are being printed in Bulgaria, mainly (I guess) thanks to low salaries. On the opposite hand, I do not see De la Rue painting european paper, for the reason of the much higher salaries there, and (maybe) for the same reason that lead Bank of Ireland is said to have stopped printing too: the costs of transporting paper twice: before and after paintwork. Unless UK is able to manufacture europaper, but in any case, ther's again the channel crossing of the printed banknotes.

That's why, since ECB know EBT and has already mentioned it, members could try to do something about indicating again the commissioning countries in the serialnumbers. Otherwise, tracking will become quite boring, with just a few letters left, and without combinations of printer codes/commissioning banks.

[fcbruges]

Don't forget that little BREXIT-thing!
Since only accredited private or public printers from EU-member states (so not only Eurozone) are allowed to print Eurobanknotes (or strike eurocoins), those printers should also be out! Maybe there are some interim arrangements though (unless that requirement would have been lifted in the meantime, but I do not think so).

Belgian notes will be printed by OeNB (N) and Valora (M) , 50-50.

G&D still prints banknotes, but they decided to only print euronotes at their W-plant, because labourcosts (...) are lower in the former DDR (printer W in Leipzig) and euronotes are not technically advanced enough to print them at their München X-printing plant

[Elmo]

The eurobill production figures for the year 2021 are back, and, what's more, the ECB has even released the production figures for 2022!

https://www.ecb.europa.eu/stats/policy_ ... ex.en.html

Apparently there are going to be Lagarde in 2021 after all! Austria and Germany are responsible, so we'll see N/N and another printer (E/E, R/R, W/W, or even another printer!).

In 2022, we may expect Lagarde U/U , N/N , and M/M . Don't get too excited about the Belgian and though: they will be printed by Austria and Portugal respectively.

[YCNZ]

Why the €500 is still on the production list? Do they know something we don't?
Or they just can't edit it?

[TheUndertaker]

More 10 € notes for germany ? Honestly we have enough ...
But we would despertely need some new 5s

[ahm]

Sad news... Maybe Polish printer D or British De la Rue J and H wll print euro banknotes someday...

I'm not sure about D (Poland): It is a state owned printing company. As far as I know, state owned companies are only allowed to bid in tenders if they do not get a direct "order" from the owning state. This would mean, if the Polish printer bids for contracts from other countries, they wouldn't be allowed to print directly for Poland if they join the Euro one day.

Belgian notes will be printed by OeNB (N) and Valora (M) , 50-50.

Oh, that's some very interesting information. Thanks to both of you for sharing it. I actually have never thought of that. In my mind there were only the two possibilities: print in own factory or run a tender.
This means that E/EC are the Irish 2020 order and we won't see any more new E, F, W, R before (at least) 2023.
It looks as if Ireland joined the big tender group led by NL - which would definitely make sense to reduce expenses.

printing in 2022 is a bit of a surprise, the in 2021 as well. So, is ordering 4(!) denominations in 2021 and 2022
The rest is more or less the same, even more U/U (so far France printed every year except 2018) and an immense quantity of

More 10 € notes for germany ? Honestly we have enough ...
But we would despertely need some new 5s

It doesn't say where the bills go, it just says who orders it. Germany often orders , but never ordered of the Europa series so far. That's why we get so many especially V/V or in the beginning U/U. The process of ordering and handing out is completely seperate.
There will be lots of new (973,8 million) in 2021 - the second-highest quantity after the 2012 initial order. I agree that we need some new as many of the circulating are in a very bad condition. Even though it is basically good for us that bills circulate longer, the chances of getting a hit with a very wrinkled and torn bill are very low - they rather will be turned into insulation material or district heating.

[Elmo]

The amount of new euro bills to be printed in the coming two years is indeed larger than the previous years, and I guess this is in anticipation of Croatia and Bulgaria joining the Eurozone. Last year, they joined the ERM II (Exchange Rate Mechanism), the final step before joining the Eurozone. Together, these two countries have about 11,2 million inhabitants, which would make this the biggest Eurozone enlargement since the start of the Eurozone. And with Bulgaria joining the Eurozone, it might make sense for the F printer to win some (German/JET) tenders, so we might see F-printed , , , and/or in the coming years.

And of course we still have 400 million in circulation (as of December 2020) awaiting replacement by smaller bills.

[RKPLt]

There will be lots of new (973,8 million) in 2021 - the second-highest quantity after the 2012 initial order. I agree that we need some new as many of the circulating are in a very bad condition. Even though it is basically good for us that bills circulate longer, the chances of getting a hit with a very wrinkled and torn bill are very low - they rather will be turned into insulation material or district heating.

Maybe it is the preparation for new series start? Europa series was started 11 years after the initial banknotes introduction, now it is 8 years "old" already. And maybe the and will be polymer ones - that would solve torn banknote problem?

[lmviterbo]

If it is a new series (which is perfectly reasonable to consider), then the redesign will have to include the 10th initialism for the European Central Bank: ESB (for Europska središnja banka, in Croatian).

(Bulgarian doesn't need a new initialism (ЕЦБ, for Европейска централна банка, is already on the current design.)

[ART]

That's why, since ECB know EBT and has already mentioned it, members could try to do something about indicating again the commissioning countries in the serialnumbers.

My opinion, is really unlikely that BCE to change the serial system again just to do us a favor.

And maybe the and will be polymer ones - that would solve torn banknote problem?

Yep, but personally the polymer notes do not inspire me sympathy. They are less pleasant to look at and less pleasant to the touch.

[Montgomery Burns]

Re. the switch-to-polymer question: it's not as straight-forward as one might think...

The Bank of England (BoE) says it will begin issuing its first new– era plastic 5 and 10 pound banknotes in 2016. When will the ECB start.

The ECB has just switched from paper or rather cotton money to "paper" with an extra lacquer layer (suggested/developed by the Dutch DNB) to make the notes more durable. Features such as transparent windows are possible with such notes as well.

Personally I don't really like the feel of polymer notes, but apart from that there are other issues: Polymer notes are patent protected, so the euro area printers would have to get some kind of license from the RBA/Securency. Also, in the "sterling area" there is basically one printer while we have quite a few ...

[ART]

Re. the switch-to-polymer question: it's not as straight-forward as one might think...

Personally I don't really like the feel of polymer notes, but apart from that there are other issues: Polymer notes are patent protected, so the euro area printers would have to get some kind of license from the RBA/Securency. Also, in the "sterling area" there is basically one printer while we have quite a few

The problem could be circumvented by creating a similar material, but like tabbs I don't really like polymeric notes. If we really want it would be better to think of something similar to Durasafe (paper with polymeric substrate), which also has the advantage of avoiding staining of the surface caused by wear.