ECONOMY

New 10-euro note goes into circulation on Tuesday

New 10-euro notes are being introduced across the eurozone from Tuesday.

The European Central Bank is gradually phasing in new banknotes to replace those in circulation since the euro became a physical currency in January 2002. It started with new five-euro banknotes in May 2013.

The note is part of the Europa series, featuring a portrait of the Greek mythological figure Europa, and has security features including raised print, a portrait watermark and a hologram.

The ECB says more than 350,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2013, an increase of more than 11 percent compared to the first half of the year.