6 days ago · euro, monetary unit and currency of the European Union (EU). It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in participating countries on January 1, 2002. After February 28, 2002, the euro became the sole currency of 12 EU member states, and their national currencies ceased to be legal tender.
The Netherlands, Belgium, France, Italy and Spain together petitioned the European Commission to limit the amount you can pay in cash within the European Union to 5 thousand euros. They also asked that the 500 euro note be taken out of circulation, caretaker Finance Minister Wopke Hoekstra said in a letter to parliament, NOS reports.
Save. I have seen a drastic decline in the acceptance of 500 - 200 and even 100 euro notes in Europe when I came here this time. My last few visits were during 2003 - 2008, and there was no problem accepting 100/200 euro notes in most places in Germany. Now it feels that a 500 euro note is not even money anymore :)
The European Central Bank announced Wednesday that it will phase out the 500 euro banknote because of concerns that this banknote "could facilitate illicit activities." "There is a pervasive and
6 years ago. Save. 500 euro notes are associated with criminal activities and money laundering - and there are many forgeries in "circulation" as well. You may find it incredibly difficult to exchange or spend them.
50€ notes are the most common Euro Banknote according to wikipedia in fact 48.6% of all Euro notes are 50€ notes. 100€ notes are a bit more uncommon, you also can't get them from ATMs. 200€ and 500€ notes are rare but when you do see them it's usually several at once. 97. meshugga.
@DCTLib Not true. There's a EU directive that means you have to accept up to 50 euro coins. In Germany shops are allowed to not accept large banknotes (200 and 500€) though as long as they clearly indicate this and the bill isn't appropriate to the bill (i.e. paying a 450€ bill with a 500€ note is fine, but paying for 60€ isn't), although that's a somewhat legal grey zone.
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People will still be able to deposit 500-euro notes into British bank accounts if they bring the notes back from abroad, SOCA said. The amount of 500 euros is equivalent to about $628.
On 1 January 1999, 11 EU countries launched the euro as their new common currency. The euro was initially an electronic currency, with euro banknotes and coins being introduced three years later. Today, the euro is the currency of 20 EU countries and about 350 million people. It is one of the most important currencies in the world and here at
The new European bank notes feature an updated map of Europe on the back, including the islands of Malta and Cyprus, the two countries which have joined the European Union since the first series
luukje999 • 2 yr. ago. Well for any store where a €150+ total is normal, so a large restaurant bill, hardware and appliance stores and ofc any redlight business. But yes you will have a hard time spending that bill, most cashiers get a total €100-€200 in change so they can't break the €200 bill (if it's a fresh till).
AP style offers a simple and easy-to-remember recommendation for writing euros and pounds: always use numerals and spell out the words euros and pounds. 1. The café has day-old croissants on sale for 1 euro. A café au lait costs 3 euros. The museum shop is selling Thor’s hammer pendants for 40 pounds.
Where can I change a 500 Euro note. Hi-Unfortunately I have been saddled with a 500 Euro note. As I knew it was legal tender I did not realise it would be difficult to exchange- either into sterling or Euro notes of smaller divisions. My Bank will not exchange, neither will my travel agent. Does anyone know a UK Bank that will?
However, these notes will continue to be legal tender in the euro area. The ECB noted that the announcement of the end of the 500 euro banknotes production had led to a sharp increase in demand of 100 and 200 euro banknotes by European firms and households. Signature of Mario DRAGHI willremain on the two last new kanknotes of Europa series.
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can i use 500 euro note in europe
