Euro banknotes euro banknotes are supposedly more durable than the first series banknotes. Reinhold Gerstetter, an independent banknote designer, was chosen by the European Central Bank to redesign the euro notes. Due to the great number of historic bridges, arches, and gateways throughout the European continent, all the structures represented on the notes are entirely stylised illustrations of the relevant architectural styles, designed to evoke the landmarks within the European Union, representing various European ages and styles. For example, the 5 euro note has a generic rendition of Classical architecture, the 10 euro note of Romanesque architecture, the 20 euro note of
History of the euro of the recession, closely followed by Slovakia in 2009. The three Baltic states of Estonia, Latvia and Lithuania joined in 2011, 2014 and 2015 respectively. Slovenia was the first country to join the eurozone after the launch of the coins and banknotes. Participation in ERM II began on 28 June 2004 and on 11 July 2006 the Council of EU adopted a decision allowing Slovenia to join the euro area as from 1 January 2007. The euro replaced the Slovenian tolar on 1 January 2007. The exchange rate between the euro and tolar had been set on 11 July 2006