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, 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 ...
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 authority for the 19 ...
The 500-euro note, the bill of choice for many criminals looking to transfer large amounts of money without the authorities knowing, is being eliminated. The European Central Bank announced today that ...
The European Central Bank has announced that it is to stop the production and issuance of the €500 euro note in a couple of years. This is regarded as a victory against those who use such large ...
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 ...
Denmark is ignoring a request by the European Central Bank and moving to ban 500-euro notes, as the Nordic country toughens defenses against money launderers. The prohibition runs contrary to European ...
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