One-euro note movement (one eurobill campaign; bill = said in the U.S. for note [banknote])

Initiative, mainly in Italy and Greece, to bring banknotes worth one EUR into circulation in Euroland. In both countries, coins were virtually unknown before Greece joined the monetary union in 2001. – The ECB has so far rejected this demand. This is because the cost of producing a one-euro bill is comparatively high, and the bills would have to be replaced frequently because of their frequent use and rapid wear (“teuro note”). – Incidentally, the euro gave people in Greece and Italy stable money for the first time in many decades. There has never been any sign of gratitude for this among the general public. – See ClubMed, Greek crisis, Helleno mania, paper currency.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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