Central Banking

Trichet rules out €30 banknote

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Jean-Claude Trichet, president of the European Central Bank (ECB), said last Tuesday that the central bank would not consider issuing a €30 banknote in response to a query from a member of European Parliament.

In a letter to Jim Higgins, the member of European parliament for Ireland's North-West constituency, Trichet said that the ECB's approach to the denominational split of euro banknotes had not changed.

"In 1994, the Council of the European Monetary Institute (EMI), the ECB's predecessor

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