Who ever thought that Euro notes issued from different EU member states would be treated differently? Apparently, it is already happening in Germany.
Ian Cowie of the Daily Telegraph reports:
“Now rising fears about southern European countries’ financial stability mean it could pay to be able to read the code on your euro. Some Germans are already insisting on holding on to euros issued in their own country and passing on those backed by southern states. They know from not too distant history what it feels like to be left holding worthless paper which used to be official currency.”
Cowie then stirs the pot:
“If you share widespread fears that the euro cannot last in its present form, you might want to avoid notes with the prefixes F, G, M, S, T or Y. These are issued by Malta, Cyprus, Portugal, Italy, Ireland and Greece.”
Is Cowie being Alarmist or helpful?