ECB: stop at 500 euro banknote issue from 2018

9 years ago - Published in Finance, Fundamental Analysis

The ECB has decided to stop the production of the 500-euro note, if the issue will stop "around the end of 2018". This was announced by the central bank, talking about "concerns that this note could facilitate illegal activities." "The 500 euro banknote – the ECB precise – will always retain its value and can be exchanged at the Eurosystem central banks for an unlimited period of time."