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 ...

FRANKFURT, Germany (AP) — Production of the 500-euro banknote is being discontinued amid concerns it had become too popular among crooks and money launderers. The European Central Bank, the monetary ...

Every time Christopher publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...

FRANKFURT, Germany — A suitcase stuffed full of cash may soon be worth a lot less. In a move aimed at hampering cash transactions by terrorists, drug dealers and money launderers, the European Central ...

The 500-euro note, the bill of choice for many criminals looking to transfer large amounts of money without the authorities knowing, is being eliminated. The European Central Bank announced today that ...

Drug czars and terrorists could find their operations tougher -- or at least their gym bags heftier -- if proposals to eliminate high-value US and European banknotes gain traction. The world's bad ...