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Anxiety over war, wildfires and cyber-attacks leads to growth in cash stocks in EU
The European Central Bank reports a significant increase in cash stocks, rising from one billion euros in 2016 to 1.6 billion euros by 2026. This trend is driven by growing anxiety over wars, wildfires, and cyber-attacks impacting digital p...
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The European Central Bank reports a significant increase in cash stocks, rising from one billion euros in 2016 to 1.6 billion euros by 2026. This trend is driven by growing anxiety over wars, wildfires, and cyber-attacks impacting digital payment systems. Citizens are advised to keep cash on hand for emergencies.
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#news #breaking #EU #cash #economy #cybersecurity #wildfires #emergency
Originally reported by The Guardian.
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