ECB to launch new 10-euro notes from summer 2014

(FRANKFURT) - The European Central Bank said Tuesday that it will launch new 10-euro banknotes including a portrait of the Greek mythological figure of Europa from next summer.

The figure of Europa -- from which Europe takes its name -- will be featured in the hologramme and watermark of the new notes, the ECB said in a statement.

"The exact date of issuance will be announced when the banknote is unveiled on January 13, 2014," the statement said.

The 10-euro note will be the second new set of banknotes following the five-euro notes launched earlier this year.

Higher denomination notes -- 20-euro, 50-euro, 100-euro, 200-euro and 500-euro -- will follow subsequently.

The current euro banknotes issued in January 2002 will gradually be pulled from circulation.

The ECB prints the euro banknotes, while euro coins are minted by the national mints of each of the eurozone member countries.