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What is Euro Banknote Issuance Explained about?

Since 2002, euro banknotes have been jointly issued by national central banks and the ECB, with the notes not showing which institution issued them. The ECB issues 8% of the total value of euro banknotes, with the remaining 92% issued by national central banks in proportion to their capital shares in the ECB. All eurosystem banks must accept banknotes issued by other members.

Author

Elina Stavrescu

Language

EN