ECB Wants Proof That 500-Euro Note Helps Criminals, Mersch SaysBy
Assertions by law-enforcement officials aren't enough for ECB
Banknote policy was branded ‘shameless’ by Goodhart last year
European Central Bank officials want to see evidence that high-denomination euro banknotes facilitate criminal activity rather than relying on unproven assertions, Executive Board member Yves Mersch said.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.