Central Banking

Greens win reprieve on Irish notes landfill site

The problem of what to do with the old legacy currencies replaced by the euro reared its head in Ireland as the central bank bowed to pressure and agreed to look again at what it was doing with the old Irish punts and not just dump them in landfill sites.

The Irish Central Bank has bowed to lobbying from the Green Party to examine ways in which the old punt notes could be shredded, compacted and sold off as briquettes or sold as souvenirs.

At present the punts are being dumped by the State in l