On the euro but out of it?

November 11, 2012 by Dennis Kefalakos Leave a Comment

The European Central Bank presents the security features of the new € 5 banknote; the head of the mythical Europa girl abducted by Zeus according to the Greek mythology.

The European Central Bank presents the security feature of the new € 5 banknote; the head of the mythical Europa girl abducted by Zeus according to the Greek mythology.

The fact that Greece reached the exit of Eurozone more than once during the past months and a Grexit (exit of Greece from Eurozone) is still not excluded did not stop the European Central Bank from keeping the country on the euro. This time however for decorative reasons. The ECB used the most ancient depiction of the girl-Europa in an ancient Greek vase kept in the Museum of Louvre in Paris, as an ornament of the new euro note series.According to the Greek myth, and there are many, the girl Europa was abducted and mated by the father of gods and men Zeus and brought to Europe, naming after her the continent. As the governor of ECB Mario Draghi explained this week the new series of euro banknotes will replace the ones in use starting from the 5 euro note on which the main theme will be the portrait of Europa. The new 5 euro note will be presented in January. Isn’t it preposterous to keep Greece on the euro but probably out of it? See more on ECB: http://www.new-euro-banknotes.eu/Euro-banknotes/Euro-banknotes-7-1/THE-NEW-5/THE-NEW-5-BANKNOTE

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This article was exclusively written for The European Sting by Mr. Franco Miguel Nodado, a 4th-year medical student from the Philippines. He is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s view on the topic, nor The European Sting’s one.

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