ECB will stop printing €500 notes in 2018 to help combat money launderers and criminals

Thursday, May 5th 2016 - 12:27 UTC

Full article 3 comments

The European Central Bank has announced it will stop printing €500 notes in 2018. It says the move is to stop the notes being used by money launderers and criminals. In effect they are easily transportable. A million Euros in €500 notes weighs 2.2 kilograms and can be carried in a laptop bag. Read full article

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Briton
2018

apparently this is to give the European corrupt officials time to get rid of the
€500 notes they have stashed away..
May 05th, 2016 - 06:51 pm - Link - Report abuse 0
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ChrisR
They may have to 're-visit' that decision after June 23 and the UK vote.

VOTE LEAVE.
May 06th, 2016 - 06:41 pm - Link - Report abuse 0
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Tarquin Fin
Too little, too late. Lazaro has already smuggled tons of those bills out to God knows where.
May 07th, 2016 - 01:08 am - Link - Report abuse 0
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