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 ...
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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 ...
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 ...
FRANKFURT, April 15 (Reuters) - The European Central Bank looks set to stop printing the 500 euro note, arguing it is used to finance crime, although the purple bill will only be phased out gradually ...
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 ...
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