Tag: Money and counterfeit money
Blackbird, woodpecker, Rhine, Seine? ECB selects themes for new euro bills
Christine Lagarde The President of the ECB signs a 20 euro note. (Photo: Bloomberg) Frankfurt The European Central Bank (ECB) has selected seven possible themes for the new euro notes.…
The benefit of the digital euro is small, the effort immense
Economy, Euro symbol at Willy Brandt Platz The euro may also be available as a digital currency in the future. Many details in the considerations are still open. (Photo: Blatterspiel/Jan…
The digital euro is to become legal tender
Digital Euro According to the ideas of the EU Commission, the digital euro should become legal tender – just like cash. (Photo: imago images/Christian Ohde) Frankfurt, Brussels The digital euro…
Why foreign exchange is now also being traded at the Istanbul Bazaar
Bazaar in Turkey The fact that currency trading is now taking place in the bazaar is due to the policy of President Recep Tayyip Erdogan before the elections in May.…
What the banking crisis teaches about the digital euro
Euro symbol in front of the old ECB headquarters The European Central Bank is considering introducing a digital euro. (Photo: IMAGO/Ralph Peters) Imagine we have a global banking crisis and…
Money does make you happy
Does money make you happy? According to a new study, the feeling of happiness increases and increases up to an annual income of around 460,000 euros. (Photo: dpa) Science has…
The digital euro makes no sense
handelsblatt PHOTOMONTAGE, one euro coin and binary code, digital euro (Photo: Bildagentur-online/Ohde) Everyone is talking about it, the central banks, the EU Commission and more and more commercial banks too:…
ECB approves new coins worth billions for euro states
Euro New euro coins are to be produced in the currency area. (Photo: dpa) Frankfurt/Main Croatia’s entry into the euro on January 1, 2023 will boost the production of coins…
King Charles III comes on the banknotes of Great Britain
The new five pound note The portrait of King Charles will grace British banknotes in the future. (Photo: dpa) Frankfurt After numerous scandalous messages from the British royal family, especially…
Corona pandemic accelerates withdrawal of cash payments
card payment The proportion of card payments is increasing in most countries in the euro zone – including Germany. (Photo: dpa) Frankfurt During the corona pandemic, cash payments were downright…
Corona pandemic accelerates withdrawal of cash payments
card payment The proportion of card payments is increasing in most countries in the euro zone – including Germany. (Photo: dpa) Frankfurt The corona pandemic has accelerated the withdrawal of…
Cash is disappearing in Brazil
Financial metropolis of Sao Paulo One of the reasons for the success of Pix is the internet affinity and smartphone density in Brazil. (Photo: Moment/Getty Images) Sao Paulo In September…
Cash is particularly popular in Germany – 54 percent of Germans prefer the payment method
Cash In comparison with its neighbors in Austria and Switzerland, the preference for cash is therefore most pronounced in Germany. (Photo: dpa) Munich According to a study by the management…
The ECB should stop the digital euro
European Central Bank in Frankfurt The ECB should show similar self-confidence as the US institutions. (Photo: dpa) Cryptocurrencies have been a hot topic since the invention of bitcoin in 2008…
That would change for you
Berlin Only cash is true, many Germans see it that way. According to a recent study by the Deutsche Bundesbank, euro notes and coins are still the most commonly used…
A cash cap is the wrong way to fight money laundering
Action against money laundering An activist from the Finanzwende citizens’ movement protested in front of the Treasury Ministry in August demanding stronger crackdowns on financial crime. (Photo: dpa) If the…
Federal states disagree on cash limit of 10,000 euros
Berlin In the debate about a possible limit of cash payments to 10,000 euros, the federal states are at odds. While Bavaria rejects a corresponding initiative by Federal Interior Minister…
EU limit of 10,000 euros is getting closer
Christian Lindner The German Finance Minister is skeptical about the planned cash limit of 10,000 euros – but can hardly prevent it in Brussels. (Photo: dpa) Berlin A cap on…
Consumer advocates criticize the Interior Minister’s initiative
Euro bills Large sums of illegal origin are smuggled into the regular economy every year. Interior Minister Faeser now wants to make money laundering more difficult with a cash payment…
Interior Minister Faeser wants to intensify the fight against money laundering
Berlin Federal Interior Minister Nancy Faeser (SPD) has announced a tougher approach to combating organized crime. “I support the introduction of a general cash limit of 10,000 euros,” said Faeser…