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THE CENTRAL BANK has unveiled the brand new €20 note that will go into circulation from tomorrow.
The new €20 note promises to be flashier and more durable than its older brother, as well as harder to replicate.
But don’t fear, you’ll still be able to spend that rolled up twenty in your jeans pocket that you were saving for a rainy day. Both the old and notes will be accepted as legal tender from tomorrow.
The note is the third in the new Europa series of banknotes and follows changes to the €5 and €10 notes over the past 18 months.
Europa notes make it easier to detect fakes, with raised print, a visible security thread against the light and a portrait window appearing when the note is held to the light.
Circulation
There were 3.2 billion €20 notes in circulation in Europe up to the end of October this year. 21.7 million of them were issued in Ireland.
The new modern design couldn’t be further from the drab colours on the Punt notes of old. Things sure have changed…
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Ah the circle is complete we bankrupted this country before, lets do it again.
Building more houses to meet demand Will be our ruination alright
you just cant win with some people
We must build tens of thousands of homes to meet demand. One developer won’t solve anything. We have an apprenticeship shortage, skills shortage and social housing shortage.
Exactly were is there a demand? Outside of Dublin in most cases there is no demand for housing.
New houses in my town are selling for 100k -150k. They can’t give them away even though they are well built and finished.
If you think a company floating for 400 million is actually going to build houses then Jesus how naive is everyone , Hotels and conference center’s will be built by the dozen, and WHEN the company goes belly up we will have another ghost estate problem. But I’m guessing the element that actually believe we would have a soft landing in 2008 are still swallowing BS.
Not building houses is as dangerous as building too mank.
20-25k a year is what we need at the moment.
We have half of that.
Look at buying or renting in many places and you’ll see the problem.
Too many mank mansions.
One new property developer/ builder entity about to enter Irish market, structured as a plc , with €400 m in equity capital, professionally run board comprised of directors who know how to assess risk, have respect for corporate governance, and with low reliance on short-term bank finance, and with access to residential sites under sensible, transparent and fair, financial arrangements with NAMA, hoping to sell on finished output at market price to a welcoming market………IMO such an entity is in with a fighting chance of cracking the nut job that is the Irish Residential Property Market.
I thought ‘LEGO’ was Danish
Build and they will come they did the last time.
They came from all over Eastern Europe to build them and of course they need somewhere to stay so we will have to build more houses and apartments and so the circle will continue. Boom boom
Housing, people actually think a listed company is going to build houses????. Hotel and conference centre’s will be the order of the day.
Out of interest. .. did you read the last paragraph?
What grounds have you to think that?
There seems rather be an over-supply of question marks in the comments industry.
Did everyone miss the fact that this company is only a year old
Went public and made €400,000,000
Plenty of personal investment or pure luck ???
Mainly personal investment. Says as much in the article.
Does the Lego photo mean anything lol.
have your say