Bartzsch, Nikolaus; Uhl, Matthias - 2017
To facilitate a more detailed study of the volume of euro banknotes in circulation issued by the Deutsche Bundesbank …, around 65% to 70% of the arithmetical volume of euro banknotes issued by the Bundesbank were in circulation outside Germany … at the end of 2015; of this figure, 40 to 50 percentage points were in circulation outside the euro area, and 20 to 30 …
