Germany and Austria stop issuing €500 bank notes
27 Apr 2019; DW: The German Bundesbank and Austria's National Bank stopped issuing the €500 ($557) bank note on Friday, three months after it had ceased to be handed out in the rest of the eurozone.
The delay reflects a preference among consumers in both countries to continue to use banknotes for everyday purposes such as shopping, and for savings. Existing €500 notes in circulation will continue to be legal currency.
- Read more about Germany and Austria stop issuing €500 bank notes
- Log in or register to post comments