Euro
Euro Celebrates 10-Year Anniversary To Little Fanfare
January 1, 2012 marked the 10-year anniversary of the euro, a singular currency that services 17 countries throughout Europe, but there is little to celebrate. Marred by what the European Commission deemed “fiscal and macroeconomic imbalances built up over the decade,” many financial analysts say the euro is in trouble. Countries such as Ireland, Spain [...]
European Central Banks Look For Contingencies Should Euro End
Central Banks in Europe reportedly evaluating contingency plans for additional printing capacity should the Euro come to an end. According to an article published by RT.com, central banks throughout Europe are preparing contingency plans evaluating their needs for additional printing capacity should the euro – a singular currency shared by seventeen countries – come to [...]
Fortress CEO Discusses Banknote Implications of Possible Eurozone Collapse
Fortress Paper CEO Chad Wasilenkoff appeared on BNN this week where he was asked to discuss the implications for banknotes and currencies throughout the eurozone in the face of its potential collapse. Wasilenkoff said that even though countries may pull out of the eurozone and revert back to their old currency, that process is lengthy [...]
Bulgarian PM Receives Award For Counterfeit Crackdown
Bulgarian Prime Minister Boyko Borisov was presented with a special award from Europol this weekend for his role in eliminating a counterfeit ring earlier this month. The counterfeiters, who were set up in a small shop near a pig farm in Central Bulgaria, possessed highly sophisticated forging equipment and were printing fake euro and US [...]
Learning more about Landqart
Fortress Paper owns and operates two paper mills in Europe – the Dresden Mill and the Landqart Mill. Each with a specific task, the mills are responsible for Fortress’ output of paper products including wallpaper, banknotes, security paper, and more. This article takes a closer look at the Landqart Mill in Landqart, Switzerland. For over [...]
“Counterfeiting, A Three-Part Series.” Part 3: Modern anti-counterfeiting measures
*This article is the last in a three-part series on counterfeiting. Read the first two articles in the series: Part 1, Part 2 Anti-counterfeiting technology in and on banknotes has been evolved more over the past 30 years than it has in the entire history of money. Today’s banknotes are not just used as currency; [...]
Estonia to adopt euro “in the first half of 2010”
The European Union (EU) is set to introduce Estonia into the folds of the euro zone by mid-summer 2010. Marek Belka, the International Monetary Fund’s head for Europe revealed last week that Estonia is on track to fully adopt the single currency. “I hope and I think there is a high likelihood that the EU [...]
