5 Minute News

Competition for Redesigning Euro Banknotes Announced by ECB

July 19, 2025

The European Central Bank (ECB) has announced a competition for redesigning euro banknotes. This competition is open exclusively to professional designers based in the EU, aiming to create new designs that reflect Europe's cultural identity. Applicants will submit proposals in two thematic areas, which will be evaluated by a panel of experts. The new banknotes are expected to be released after 2026.