The euro burst on the scene on January 1, 1999. It was an invisible currency for the first years, with only accounting and electronic payments. In 2002, euro notes and coins replaced many of ...

In an operation carried out by Sofia’s Economic Police, three individuals were arrested for attempting to distribute ...

The European Commission said this week that the number of counterfeit euro coins removed from circulation last year rose 8 percent to 186,000. But the number of fake notes withdrawn by officials ...

Back in 1998, the French thought they had a gentlemen’s agreement that e.c.b. president Wim Duisenberg would resign soon after the introduction of the notes and coins, in favor of a French ...

After leveling off during interest rate hikes, demand for cash in the eurozone is growing strong again, currently at an annual rate of 2.3%, the European Central Bank (ECB) has recognized. The ...

The introduction of notes and coins in 12 countries on Jan. 1, 2002, was a massive logistical undertaking that followed up on the introduction of the euro for accounting purposes and electronic ...

Half a year ago, the citizens of 12 nations took the final step in a grand monetary experiment, trading in their marks, francs, lira, drachmas and pesetas for euro notes and coins. For three years ...

A digital euro would also offer a “pan-European” payment solution, the ECB said, countering the dominance of foreign payment giants like MasterCard, Visa or PayPal in the 20-nation eurozone.

Is the UK watched from the sidelines on January 1, around ?14 billion in euro notes and ?50 billion in coins were distributed across the 12 eurozone member countries. If and when the UK finally ...

A warning over certain Euro notes and coins has been issued to anyone planning on flying to Spain this year. With digital payments on the rise, these days many of us are comfortable heading abroad ...

The euro is a shared currency and monetary system launched in 1999 when 11 EU member countries irrevocably fixed their currencies to the euro as an accounting currency, then swapped out the ...

The euro candidate country also cannot be under the EU's disciplinary budget procedure for running a deficit in excess of 3% of GDP. Bulgaria meets this criterion with a budget deficit of 3.0% in ...