5 euro note used on the banknotes as a result of Bulgaria joining the European Union in 2007. Therefore, the new series of Euro banknotes will include "ЕВРО", which is the Bulgarian spelling for EURO as well as the abbreviation "ЕЦБ" (short for "Европейска централна банка" in Bulgarian). The European Central Bank will, in due time, announce when banknotes from the first series lose legal tender status. The five euro note is the smallest at with a grey colour scheme. All bank notes depict bridges, arches or doorways in a different historical European style; the five euro note shows the Classical era (up
1954 Series (banknotes) the French text. The less ornate design and arrangement of elements was said to improve the legibility of the banknotes. The banknotes featured the same border style on the obverse and reverse. All banknotes in the series measure , which are the same length as the 1937 Series banknotes but inch narrower. This change made the banknotes closer in size to the Federal Reserve Notes issued in the United States. The new notes were introduced by Graham Towers, the Governor of the Bank of Canada, to the Parliamentary Press Gallery in June 1954, and entered circulation that September. In advertisements