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coinweek : European Central Bank Unveils New €50 Banknote

European Central Bank Unveils New €50 Banknote

European Central Bank Unveils New €50 Banknote

By European Central Bank …..New €50 banknote will start circulating on 4 April 2017€50 is the most widely used euro banknoteNew secure banknotes underline Eurosystem’s commitment to cashThe European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on 4 April 2017.The introduction of the new note marks the latest step in making euro banknotes even more secure.After the €5, €10 and €20, the €50 is the fourth denomination in the second series of euro banknotes, known as the Europa series.

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European Central Bank Enraged by Police Raid in Slovenia’s Central Bank

European Central Bank Enraged by Police Raid in Slovenia’s Central Bank

European Central Bank Enraged by Police Raid in Slovenia’s Central BankECB President Mario Draghi lodges protest over seizure of sensitive ECB data as part of a pre-criminal investigation.8 July 2016The European Central Bank threatened to take legal action against Slovenia, after the police searched the headquarters of Slovenia’s central bank (Banka Slovenije) on Wednesday and seized documents in a pre-criminal investigation over alleged violations during a bank bailout in 2013, The Wall Street Journal reports.At least 40 police officers conducted four operations throughout Ljubljana, the country’s capital, including on the premises of the Central Bank of Slovenia; the largest state lender, Nova Ljubljanska banka (NLB); and the local offices of Ernst & Young and Deloitte, the financial consulting and auditing giants, according to EUobserver.

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Italy at war with the European Central Bank – Capital and Conflict

Italy at war with the European Central Bank – Capital and Conflict

MoneyWeek Research Ltd.Registered office: 8th Floor, Friars Bridge Court, 41-45 Blackfriars Road, London SE1 8NZ.Registered in England and Wales with company no.

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European Central Bank keeps interest rates at record low

European Central Bank keeps interest rates at record low

The European Central Bank left its key interest rates unchanged at record lows on Thursday as it assesses the impact on the economy of Britain’s vote to leave the European Union.ECB President Mario Draghi is expected to use his post-decision news conference to underline the bank’s willingness to add to its stimulus programs in coming months if the economy appears to be taking a serious hit.The June 23 vote to leave the EU holds the potential to hurt trade between Britain and the remaining 27 European Union countries since they will have to negotiate new trade rules, a process that will take years.

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European Central Bank Unveils New Version of “Europa” Series €50 Bank Note

European Central Bank Unveils New Version of “Europa” Series €50 Bank Note

On July 5, the European Central Bank (ECB) unveiled a new version of the €50 bank note that features the latest security technology and a revision to its overall design, while retaining the theme and color scheme of the previous series, first issued in January of 2002.The note was unveiled by Yves Mersch, an ECB Executive Board member, in the press center of the European Central Bank’s headquarters in Frankfurt, Germany.Mersch said, “Its state-of-the-art security features help protect our money.

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