About: http://data.cimple.eu/news-article/25b6b6440892c0216f9d3f24d7a7ac0b7044c213e0f9e7705e06e12b

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About: http://data.cimple.eu/news-article/25b6b6440892c0216f9d3f24d7a7ac0b7044c213e0f9e7705e06e12b Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	There is no significant risk of catching the coronavirus from euro banknotes, the European Central Bank said Tuesday, citing lab tests that showed the germs survived far longer on other surfaces. Cash is still widely used in the 19-nation eurozone but many shops and businesses have asked customers to switch to cards or contactless payments to avoid handling bills possibly touched by an infected person. In a blog post, ECB executive board member Fabio Panetta said tests by European labs showed that the survival rate of coronaviruses is "10 to 100 higher" on a stainless steel surface, like a door handle, than on euro banknotes in the first few hours after contamination. "Other analyses indicate that it is much more difficult for a virus to be transferred from porous surfaces such as cotton banknotes than from smooth surfaces like plastic," Panetta said. Euro notes are printed on pure cotton-fibre paper, which helps make them resistant to wear and tear. "Overall, banknotes do not represent a particularly significant risk of infection compared with other kinds of surface that people come into contact with in daily life," Panetta wrote. In China, the central bank announced in February that it was using ultraviolet rays to disinfect banknotes in a bid to curb the outbreak. Panetta's blog did not mention whether any tests had been done into the contamination risks when using euro coins. More than 340 million people across the continent use the euro currency. Cash remains the dominant mode of payment for eurozone consumers, the ECB said, accounting for three quarters of transactions. It is especially popular in large countries like Germany, Italy and Spain. Demand for cash has been "less predictable" during the coronavirus crisis, Panetta said, with some people hoarding money at home while others are spending less because of the lockdowns. mfp/hmn/jh
schema:headline	Euro banknotes safe to touch despite coronavirus: ECB
schema:mentions	Stainless steel European Central Bank Contactless payment Eurozone Door handle Cotton Accounting Ultraviolet Currency Spain Germany Italy Virus China Coronavirus Euro coins Euro banknotes
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)

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