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Schäuble received this fake note as farewell present from his colleagues in the Eurogroup of euro area finance ministers. Picture credit: SantaMartin 

One of them was a fake €100 note which featured his face and name.

Another was a European flag which they all signed. Schäuble will now become president of the Bundestag.

He was finance minister for the past 8 years; his policies were characterised by fiscal discipline, austerity and refoms during the Eurocrisis.