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Cashless society is making progress in EU
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Original Message
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[link to www.forbes.com]
"In the government plan labeled “Fight against fraud,” France’s fiscal residents would see the cash transaction limit decrease from €3,000 to €1,000 per purchase. However, in a nod to the exiled wealthy and what Wolf Richter calls the “Depardieu exception,” those fiscal residents of a country other than France would have their cash transaction limits reduced from €15,000 to €10,000 per purchase. Legislative measures could be finalized by the end of 2013."
In addition to France, Spain, Belgium, Czech Republic, Slovakia, Bulgaria, Greece and Italy already have similar restrictions in place. Recently, Finland considered imposing a 1,000 € limit for cash transactions but the idea was scrapped - for the time being.
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