High-value euro notes spark concern

FRANCE - Carrefour, the large French-based retail group, yesterday urged only small-scale distribution of high-denomination euro notes in the first months after the January 1 changeover to euro notes and coins, claiming the move would minimise confusion for shoppers.

Arguing that the policy would ease problems in providing change in the new currency, Patrick Armand, the company's chief financial officer, said: "The changeover to the euro would be much assisted if the distribution of big bank

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