Euro banknotes in August 2018, there were about 21.737 billion banknotes in circulation around the Eurozone, with a total value of about €1.193 trillion. On 8 November 2012, the European Central Bank announced that the first series of notes would be replaced by the Europa series, starting with the 5 euro note on 2 May 2013. Estimates suggest that the average life of a euro banknote is about three years before it is replaced due to wear, but individual lifespans vary depending on denomination, from less than a year for €5 banknote to over 30 years for €500 banknote. High denomination banknotes
UEFA Euro 2012 two consecutive European Championships, and also three straight major tournaments (Euro 2008, 2010 World Cup and Euro 2012). Spain had already gained entry to the 2013 Confederations Cup by winning the 2010 World Cup, so runners-up Italy qualified instead. As at Euro 2008 in Austria and Switzerland, both 2012 host nations were eliminated in the group stage. The hosting of the event was initially contested by five bids representing seven countries: Croatia–Hungary, Greece, Italy, Poland–Ukraine, and Turkey. In November 2005, after an initial consideration of the bid data by UEFA, both the Greek and Turkish bids were eliminated from the