And finally… taxing problem
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Sweden’s central bank has pleaded to residents to turn in 41 million old bank notes which have not been legal tender since June.
The Riksbank said outdated 20, 50 and 1,000 krona notes worth a total of 1.3 billion krona (€136 million) had not been deposited despite tomorrow’s deadline for free exchanges.
Old notes deposited after 31 August will be subject to additional checks under money-laundering legislation and people could be charged a fee.
Even more new notes and coins will be introduced in October and Swedish authorities are concerned about a repeat of the situation.
Around 1.6 billion coins will become invalid in June 2017.
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