BRUSSELS (Reuters) - The European Union should consider banning 500 euro notes because their high value makes them too useful a vehicle of corruption and other illegal activity, the head of the EU ...

BERLIN - Cash still rules in Germany, both in bank accounts and in wallets. But a confluence of negative interest rates and the phasing out of the 500-euro banknote could throw a wrench into the ...

FRANKFURT, Germany – The 500-euro bill is being discontinued after criticism that the banknote had become a handy aid to money laundering. The European Central Bank's 25-member governing council made ...

This marks the beginning of the end of the 500 euro bill. The European Central Bank announced Wednesday that it will phase out the 500 euro banknote because of concerns that this banknote “could ...

The European Central Bank is set to decide on Wednesday the fate of the 500-euro banknote, which many people associate with money laundering, the black market and terrorist financing. But its possible ...

The eurozone is moving to stop printing 500-euro banknotes, the violet-coloured bills that authorities fear are favoured by criminals, with most of the 19 nations in the currency bloc to halt issuing ...