The new €10 started circulating on 23 September 2014. It is the second banknote of the Europa series to be launched after the new €5, which started circulating on 2 May 2013. On 13 January 2014 Yves Mersch, member of the ECB’s Executive Board, unveiled the new €10. The other banknotes in the series will be introduced gradually over several years, in ascending order.