EU TO STOP PRINTING €500 NOTE

Kenneth Rijock in his blog reports that on January 27th all but 2 of Europe’s central banks will cease printing the €500 note, and the other 2, Germany and Austria, will stop on April 26th, according to reports.  He says that one survey found that a huge percentage of the notes were in Spain, in the hands of Russian organised crime syndicates.  It will remain currency of the realm (legal tender) indefinitely, but will no longer be printed, like the $500, which was last printed in 1945.

http://rijock.blogspot.com/2019/01/finally-eu-to-stop-printing-bulk-cash.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s