Language and the euro a final "-o" (like "euro" from "Europa"), other linguists, like Ramón d'Andrés, defend the spelling "euro". Bulgarian uses Cyrillic. The current design of euro banknotes, except for the "new" €5, €10, €20, €50, and upcoming €100 banknotes, has the word "euro" written in Latin and Greek alphabets. The 2013 design of the € 5 banknote introduced Cyrillic, adopting the spelling ЕВРО, as described below. When Bulgaria issues Euro coins, if the Greek model is followed, the alternative spelling will go on the national (obverse) side. In popular Bulgarian usage the currency is referred to as евро and, less often, (from
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