Drug Dealer's Bill of Choice Boosts the Euro Zone

Gangsters, drug dealers and money launderers are playing their part in helping shore up the financial stability of the euro zone. Willem Buiter, chief economist at Citigroup, says that high-denomination euro bank notes, in particular the €200 and €500 bills, are increasingly "making the euro the currency of choice for underground and black economies, and for all those who value anonymity in their financial transactions and investments."