‘Farmers must refuse a 500 euro note’ | Financial

Reportedly, a lot of cash is still paid on horse markets. Photo for illustration.

Ⓒ ANP/HH

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THE HAGUE – Farmers and horticulturists would do well to stop accepting 500 euro notes. These ‘penoze notes’ often play a role in money laundering activities, warn agricultural organization LTO Nederland and the Ministry of Finance.

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