27 April 2019 23:15

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In the EU, stopped issuing banknotes of 500 euros

The European Central Bank (ECB) will no longer print 500 euro notes, ″Bloomberg″ reports.

"While all national central banks in the Euroblock stopped issuing this banknote in January, Germany and Austria had three additional months when banks and citizens could issue and buy purple banknotes.
This period was until April 26", - writes the agency.

″Bloomberg″ said that decided to get rid of the bills because of the growing suspicion of the use of currency in the "illegal activities."

While the 500 euro bills are still used as legal tender, however, they will be withdrawn from circulation if they hit the state banks.

MOSCOW - RIA News

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