Move counterterrorism ECB, bachelor 500 euro ticket – Rai News

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04 May 2016 Bachelorette bigliettone 500 euro, the strongest cutting available on the international market after the 1,000 francs, sought after by mafias and organized crime, perfect for money laundering and tax evasion, dangerous tool in the hands of terrorism to move large sums occupying little volume.

The card, dubbed by some the ‘Bin Laden’ for its bad reputation, drops the ax of the European Central Bank. Who has decided to stop production even though, given the large stocks, continue to be issued until the end of 2018. Meanwhile, the ticket from the violet color will continue to be legal tender, and – clarifies the ECB in a statement – “will always maintain its value”. But there is the encouragement to change it to the Eurosystem central banks.
It ‘a new defeat (with a compromise, given the gradual nature of the times) for the Germans, who have today voted against: a few days ago, during his visit to Rome, the president of the Bundesbank Jens Weidmann he had explained the opposition of Germany, still loyal to the cash (and the old bill 1.0000 marks, of similar value) and that the country “does not have problems of money laundering.”
the ECB says it took into account “the concerns that this note may facilitate unlawful activity” would have received requests to do so in the highest international forums. Our thoughts turn to the G20, where the fight against terrorist financing has found (at least in the press) new impetus after sanguinosissimi attacks in Europe in recent months.
In game there is a considerable amount of assets , 300 billion, 30% of the cash value in euro even if the parts to be 500 in circulation are only 3% of the total bill. For this there is a school of thought that suggests that in fact Draghi has sent another arrow mark in the global race to send their rates in negative or even in the ‘war on cash’ (war on cash): get rid of the 500 euro would serve to thwart the escape of those tickets (which most people have never even seen) abroad. To curb the euro’s exchange rate, unpleasantly yesterday jumped to $ 1.16. And to discourage those who – in the era of negative interest rates – begins to prefer cash to the current account, weakening monetary expansion.