A stack of 1 million euros in 500-euro denominations weights about two kilograms, or 4.4 pounds. A similar amount in $100 bills would weigh about five times as much.

The European Central Bank is phasing out the €500 banknote, in part because of its links to criminal activity. This marks the beginning of the end of the 500 euro bill. The European Central Bank ...

The 500-euro note, the bill of choice for many criminals looking to transfer large amounts of money without the authorities knowing, is being eliminated. The European Central Bank announced today ...

The European Central Bank on Wednesday said it would stop printing the 500-euro banknote but the note would retain its legal tender status. European Central Bank will cease issuing €500 bill ...

Getting rid of the 500 euro note may set a precedent. Despite larger U.S. bills being eliminated, now the $100 is in focus. Switzerland has a 1,000 franc note in limited circulation, but is not ...

The very fact that most 500 euro notes are in Russia means that the European Central Bank should continue to issue them. Newsletters Amazon Prime Day Share a News Tip. Featured. Featured.

European Union finance ministers meeting in Brussels on Friday took aim at large-denomination bank notes as a way to curb terrorism financing and asked the EU’s executive arm to address the ...

Friday marks a sad day for the more cash-loving residents of the euro area as central banks stop handing out 500-euro notes. While all other national central banks in the currency bloc terminated ...

“The 500 euro note is used more to facilitate transactions which are illegal, rather than allowing people like you and me to buy food,” said Michel Sapin, French Finance Minister. “Therefore, it is ...

The 500-euro notes in circulation remain legal tender and can be used to make payments. The ECB announced in May 2016 that it would halt issuing new 500-euro notes, ...

“The 500 euro note is used more to facilitate transactions which are illegal, rather than allowing people like you and me to buy food,” said Michel Sapin, French Finance Minister. “Therefore, it is ...