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 ...
BRUSSELS (Reuters) - The European Central Bank should make proposals on how to reduce security risks linked to the 500 euro note which can be used for the financing of terrorism, the head of euro zone ...
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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, after much hand-wringing in recent months that the 500 euro note is primarily being used for illegal and illicit activities, voted this week to stop their production two ...
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 ...
FRANKFURT (Reuters) - The European Central Bank is examining ditching the 500-euro note, its president said on Monday, describing the note used by savers to hoard tens of billions of euros as an ...
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