Bank of Spain denies it is withdrawing €50 bills
Central bank says UK tabloid stories are the result of fake news rather than fake notes
The Bank of Spain has denied claims circulated in UK tabloid newspapers that it is withdrawing certain banknotes and coins from circulation.
In a press release on April 7, the bank said that all euro banknotes “can continue to be used normally and will not lose their value”.
The claim that “crumpled” €50 ($54.74) notes would no longer be accepted – along with €500 bills – seems to have come from a Euro Weekly News article published on March 31. The article only mentioned the larger denomination
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