Europe cashes in on its forgotten money

European governments are rubbing their hands with glee at the prospect of a windfall of up to €13 billion from their forgotten national currencies, CentralBankNet discovers in this week's Monday Special Feature. This is the amount of lire, guilder, francs, D-marks and other eurozone legacy currencies lost or held as souvenirs. Already central banks in countries such as Ireland and the Netherlands have transferred the first instalments of this windfall to their grateful finance ministries.

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