This marks the beginning of the end of the 500 euro bill. The European Central Bank announced Wednesday that it will phase out the 500 euro banknote because of concerns that this banknote “could ...
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FRANKFURT, Germany (AP) — Production of the 500-euro banknote is being discontinued amid concerns it had become too popular among crooks and money launderers. The European Central Bank, the monetary ...
FRANKFURT, Germany — A suitcase stuffed full of cash may soon be worth a lot less. In a move aimed at hampering cash transactions by terrorists, drug dealers and money launderers, the European Central ...
This marks the beginning of the end of the 500 euro bill. The European Central Bank announced Wednesday that it will phase out the 500 euro banknote because of concerns that this banknote “could ...
FRANKFURT—The European Central Bank on Wednesday said it would stop printing the 500-euro banknote but the note would remain legal tender. In an expected move, the central bank said it wouldn’t ...
FRANKFURT, Germany (AP) — Production of the 500-euro banknote is being discontinued amid concerns it had become too popular among crooks and money launderers. The European Central Bank, the monetary ...
Drug czars and terrorists could find their operations tougher -- or at least their gym bags heftier -- if proposals to eliminate high-value US and European banknotes gain traction. The world's bad ...
BERLIN - Cash still rules in Germany, both in bank accounts and in wallets. But a confluence of negative interest rates and the phasing out of the 500-euro banknote could throw a wrench into the ...
European Union finance ministers meeting in Brussels on Friday took aim at large-denomination bank notes as a way to curb terrorism financing and asked the EU’s executive arm to address the issue with ...
When European Central Bank policy makers discuss the fate of the 500-euro note this week, they may want to consider the case of Fabio Rizzi. After the local politician in the Italian region of ...
BRUSSELS (Reuters) - The European Union should consider banning 500 euro notes because their high value makes them too useful a vehicle of corruption and other illegal activity, the head of the EU ...
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