The Euro Bonds or Euro Certificates were created seven months ago, after the country was excluded from the EU's Generalized System of Preferences (SGP-Plus). They can be used by agricultural exporters to pay taxes and to request credit at banks, among others.

From Prensa.com, comments by Manuel Hernández, president of the Panamanian Exporters Consortium: "Up to last week, word was that some 40 euro certificates were ready to be refunded, and that this first delivery would be worth $80 thousand..". He also stated that those are reimbursements for money lost paying taxes to Europe, taxes that they didn't use to pay before.