Photographs: Reuters/Laszlo Balogh
While some countries keep using banknotes until they are torn and worn out, Hungary has found a novel way to reutilise the notes.
Let's see what Hungary does with banknotes.
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Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes undergo a quality check at the logistics centre of the National Bank of Hungary in Budapest February 7, 2012.
Once they are taken out of circulation, the bank notes are recycled for fuel, and a few charities each year get 20-30 tonnes of paper bricks each.
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Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Four tonnes of shredded and compressed banknotes are loaded onto a truck at the logistics center of the National Bank of Hungary in Budapest on February 7, 2012.
Hungary is the only country to recycle its worn cash for fuel each year, a total of some $1 billion worth of forints. The bricks are then sent to a few charities, covering up to a third of their annual heating fuel supplies.
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Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Tonnes of shredded and compressed banknotes are unloaded from a truck at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
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Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes shredded and compressed into heating fuel are distributed at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
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Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes, shredded and compressed into heating fuel, are distributed at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
Click here for Rediff Realtime News!
Click NEXT to see more...
Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Tonnes of shredded and compressed banknotes are unloaded from a truck at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
Click here for Rediff Realtime News!
Click NEXT to see more...
Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes shredded and compressed into heating fuel are distributed at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
Click here for Rediff Realtime News!
Click NEXT to see more...
Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes, shredded and compressed into heating fuel, are distributed at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
Click here for Rediff Realtime News!
Click NEXT to see more...
Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes are burned as heating at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
Click here for Rediff Realtime News!
Click NEXT to see more...
Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes, shredded and compressed into heating fuel, are distributed at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
Click here for Rediff Realtime News!
Click NEXT to see more...
Here's what Hungary does with banknotes!
Photographs: Reuters/Laszlo Balogh
Banknotes are burned as heating at the Foundation to Help Autism in Miskolc, eastern Hungary, on February 7, 2012.
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