Euro € - Portugal says it won't print large notes

PORTUGAL - Portugal's central bank has rejected printing the largest denomination euro notes because it believes people will shun them, a spokesman said on 9 July.

The spokesman for the Bank of Portugal said that Portuguese prefer to pay by check or credit card instead of carrying 200-or 500-euro notes in their wallets.

"We won't be putting notes of 200 and 500 euros into circulation because there is no demand for such large denominations," he said.

The spokesman added that Multibanco, Portugal'