Newly released documents show: There is no legal basis for imposing restrictions on the use of cash

June 8, 2020 | In many countries of the monetary union there are upper limits for cash payments. The European Central Bank (ECB) and the EU Commission have rubberstamped them, relying on a rather obscure legal basis. Using documents obtained from the archives of EU institutions, I can show that the ECB’s and the Commission’s … Continue reading Newly released documents show: There is no legal basis for imposing restrictions on the use of cash