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European Union to ban cash payments above €10,000 (www.theportugalnews.com)

posted 17 days ago by Chukna 17 days ago by Chukna +27 / -0

European Union to ban cash payments above €10,000

New EU-wide rules will limit large cash transactions across all member states starting next summer

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– corrbrick 2 points 17 days ago +2 / -0

Wow, that's unreal. Those things can't happen in the West, or so we like to think. I suppose when banks don't have reserve requirements for making loans (don't know if this applies to Italy) just having money in the bank is not good enough. Hope you can make an easy transition, fren.

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