500 euro note supply of euro notes and to maintain their integrity throughout the euro area. The €500 banknote peaked at the end of March 2009 at 36.9% of the value of all Euro banknotes.Circulation by numbers of notes peaked at 613,559,542 banknotes in December 2015 when the decision to not include this denomination in the new Europa series was made. The lowest number of €500 banknotes in recent years is, 507,033,274 in February 2018. Besides the date of the introduction of the first set to January 2002, the publication of figures is more significant through the maximum number of banknotes raised each
Greek withdrawal from the eurozone bank, the Bank of Greece) warned that "[a]n exit from the euro would lead to a significant decline in the living standards of Greek citizens." According to the announcement, per capita income would fall by 55%, the new national currency would depreciate by 65% vis-à-vis the euro, and the recession would deepen to 22%. Furthermore, unemployment would rise from its current 22% to 34% of the work force, and inflation, which was then at 2%, would soar to 30%. According to the Greek think-tank Foundation for Economic and Industrial Research (IOBE), a new drachma would lose half or more of