Euro banknotes flag are also incorporated into the notes. On 4 May 2016 the European Central Bank decided not to issue a 500 euro banknote for the Europa series. The banknote also has the name "euro", but in three scripts: Latin, Greek and Cyrillic (EURO / ΕΥΡΩ / ЕВРО). The design for the 50, 100 and 200 euro notes features the acronyms of the name of the European Central Bank in ten linguistic variants, covering all official languages of the EU28, in the following order: The 5 euro, 10 euro and 20 euro notes do not feature ESB, as Croatian became an
Greek withdrawal from the eurozone bank, the Bank of Greece) warned that "[a]n exit from the euro would lead to a significant decline in the living standards of Greek citizens." According to the announcement, per capita income would fall by 55%, the new national currency would depreciate by 65% vis-à-vis the euro, and the recession would deepen to 22%. Furthermore, unemployment would rise from its current 22% to 34% of the work force, and inflation, which was then at 2%, would soar to 30%. According to the Greek think-tank Foundation for Economic and Industrial Research (IOBE), a new drachma would lose half or more of