(BBC News) The European Central Bank (ECB) says it will no longer produce the €500 (£400; $575) note because of concerns it could facilitate illegal activities.
The decision comes in the wake of a European Commission inquiry in February into the way the notes are used.
Senior ECB officials said at the time that they needed more evidence that the notes facilitated criminal activity.
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The UK asked banks to stop handling €500 notes in 2010 after a report found they were mainly used by criminals.