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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—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 — 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 ...
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 ...