Tag Archives: euro

‘Italy could be a bigger threat to the Euro than brexit‘ – Andrew Edwards, chief executive of ETX Capital The British pound plunged to fresh 31-year lows yesterday and was traded below 1.28 USD, but the fallout from Brexit has also brought renewed attention to Italy’s ailing banking system with the country’s 400 billion USD in non-performing loans.  A few days …

The 500 Euro note is being viewed increasingly as an instrument for illegal activities. That’s why the European Central Bank is examining ditching the purple ‘500’ and that’s why I thought to compose a ranking of ‘The Highest Valued Banknotes in The World’ currently in circulation before the 500 EUR bill is withdrawn – as it happened for instance with …

From Alipay to Bitcoin – even with growing digital possibilities around, today still almost 85% of all retail payment transactions worldwide are done with cash, representing about 60% of total retail transaction-value. But these global figures are changing quite a bit when we look at different countries. According to a report by ‘Mastercard’, presented at a recent conference called ‘the journey …