Europeans Get Vote on Future Banknotes as Cash Remains Vital

The European Central Bank (ECB) is inviting Europeans to vote on future banknotes as the deadline for the survey approaches. More than 9 million people have already cast their ballots, but the ECB is urging others to participate before the survey closes next Monday.

The ECB has shortlisted ten designs under two themes: 'European culture' and 'Rivers and birds.' The proposed designs differ significantly from those on existing banknotes. The results of the survey will inform, but not determine, the ECB's final decision, which is expected around the end of 2026.

The new banknotes are expected to enter circulation gradually from 2029. According to Piero Cipollone, an ECB Executive Board member, cash is a vital part of daily life for millions of Europeans and provides stability, trust, financial inclusion, privacy, and freedom of choice.