This coin depicts a scene from a mosaic in Sparta (third century AD), showing Europa being abducted by Zeus, who has taken the form of a bull. Europa is a figure from Greek mythology after whom Europe was named. Edge lettering of the €2 coin: ΕΛΛΗΝΙΚΗ ΔΗΜΟΚΡΑΤΙΑ * (Hellenic Republic).

The Minister for the National Economy and the Governor of the Bank of Greece chose the designs for their euro coins from a set of proposals presented by a national technical and artistic committee. The designer of the winning motifs was sculptor Georges Stamatopoulos, sponsored by the Bank of Greece. There is a separate design for each denomination.