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Spain phases out €500 notes due to criminal use, plans to stop using old €50 notes in July.
Spain is phasing out €500 notes due to their association with criminal activities and will stop using old and damaged €50 notes in July 2025.
Some Eurozone countries, including Spain, are considering phasing out one and two cent coins.
Travelers are advised to avoid €500 notes and ensure their €50 notes are in good condition.
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España elimina los billetes de 500 € debido al uso criminal, planea dejar de usar billetes viejos de 50 € en julio.