“The paper we use in euro financial institution notes is fabricated from 100% cotton fiber,” she stated, adding, “The euro technique is strongly dedicated to retaining and bettering the sustainability of the euro lender notes as well as Uncooked resources made use of.”
The central bank has phased out the €500 bill in order to foil cash transactions by revenue launderers, drug dealers and terrorists.
This article has become actuality-checked, making sure the precision of any cited information and confirming the authority of its resources.
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To make the motion taken to combat counterfeiting even simpler, the Eurosystem central banking companies have developed a computerized process for the gathering and monitoring of knowledge on counterfeits (the copyright Monitoring Method) and organizational preparations for bodies functioning in Each individual member point out. The next are located within the Lender of Italy:
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