5 euro note less than a year before it is replaced due to wear. Measuring 120 x 62mm, it is the smallest of the euro notes, and has a grey colour scheme. The five euro banknotes depict bridges and arches/doorways in Classical architecture (up to the fifth century). The five euro note contains several complex security features such as watermarks, invisible ink, holograms and microprinting that document its authenticity. On 8 November 2012, the European Central Bank announced the first series of notes will be replaced by the Europa series, starting with the 5 euro note on 2 May 2013. The euro was
Greek withdrawal from the eurozone first demonstration took place in Athens, Syntagma Square in June 2012 in between two major elections that brought to the country political instability and financial insecurity. A Grexit, assuming that it coincided with adoption of a new currency, would require preparation, for example with capacity for banknote stamping or printing a stock of new banknotes. However, information leaking out on such preparations might lead to negative dynamic effects, like bank runs. Conversely, leaving the Eurozone, but retaining the Euro as de facto currency, would avoid the practical issues and relieve the country of the burden of its Eurozone responsibilities. In