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by kenny_r 2539 days ago
The same €3000 limit for cash transactions has already been implemented in Belgium, France has an even stricter limit of €1000.

Starting in January, the ECB will stop the distribution of the €500 bill.

We're nearing the death of cash.

2 comments

Interesting; I believe the creation of the 500 bill was at the request of Germany. This is the second visible 'give in' from Germany after not getting their candidate at the head of the ECB. Makes you wonder what they have traded this for.
Italy as well, and other countries are following suit / will do.