Switzerland has introduced a new 1,000-franc banknote, which will enter cash circulation on March 13. Experts say such a denomination helps tax evasion, and indeed, demand for this banknote…
Exactly twenty years ago, 11 European countries launched a single currency – the euro. Initially, it was a non-cash currency, and three years later, familiar banknotes and coins replaced marks…
At the end of January next year, the issuance of the 500-euro banknote will be discontinued, but the German Federal Bank and the National Bank of Austria are extending its life, albeit briefly – for…
The experiment with universal basic income in the Swiss village of Rheinau has failed: symbolically, it simply ran out of money. And it all started so well: every resident of the village was supposed…
According to the Ukrainian Ministry of Social Policy, over 3.2 million Ukrainian citizens work abroad on a permanent basis. Another part leaves for seasonal work. Most of them are interested in the…
Every Swiss person has on average more than half a million US dollars in their account. These are the data from the new Global Wealth Report, published annually by Credit Suisse. Thus, the Swiss…
Today, obtaining loans is possible at various financial institutions: from experienced and large organizations to new banks that have only recently entered the financial market. In recent years…
Last week, the Liberian government announced the loss of 104 million Liberian dollars. This happened not due to failed investments or fraud – the money was literally lost. The banknotes for that…
The European Central Bank (ECB) has presented new 100 and 200 euro banknotes with better protection against counterfeiting than the current ones. The new 100 and 200 euro banknotes were first…
The National Bank of the Czech Republic has put into circulation new banknotes of 100 and 200 koruna. The design of the notes remains the same, and the changes only consist of adding modern…
Fast online loans are gaining increasing popularity. Although just recently users were afraid to borrow money from internet banks, preferring traditional financial companies. Today the situation has…