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Despite contactless payments, euro banknotes in circulation have risen from about €1 trillion in 2016 to €1.6 trillion as Europeans keep emergency cash ready for crises and cyber outages
Despite the widespread use of contactless payments and smartphones across Europe, people are keeping more physical cash. The value of euro banknotes in circulation has increased sharply in recent years, as fears over war, cyber-attacks and other emergencies grow.
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theguardian.com
Anxiety over war, wildfires and cyber-attacks leads to growth in cash stocks in EU
Value of banknotes in circulation rises from €1bn in 2016 to €1.6bn in 2026 as people advised to keep stash of cash
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nu.nl
Europeanen houden steeds meer cash in huis, maar gebruiken het steeds minder
De totale waarde van al het contante geld in de eurozone is tussen 2016 en 2026 van 1 biljoen tot 1,6 biljoen euro gestegen, meldt de Europese Centrale Bank (ECB). Er zijn nu ruim…
