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Page last updated at 11:36 GMT, Thursday, 10 January 2013

New euro design is 'step forward'


For the first time since the euro currency was established 11 years ago, there has been a change in design.

The five euro note will now show the Greek goddess Europa from an image in the Louvre in Paris, which is more traditional than the current abstract design.

Sir Christopher Frayling, former chairman of the design advisory committee at the Royal Mint, told the Today programme: "It's an interesting moment for choosing a Greek symbol. It's not a national symbol, it's a pan-European one, but at least it's a human being's face. I think that is a step forward."

Sophie Grove of Monocle magazine said: "What I think they need to do is brand Europa, because at the moment they're not telling us what she stands for.

"This doesn't bring any values or essence to what the euro means."

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