I think this is because of the sketchy way in which passports for various tax havens, Caribbean countries, etc (not mutually exclusive) have been sold and bought and those passports allowed visa-free access to the EU. The corruption in those countries puts the EU borders at risk, hence these new rules.
People still use cash in the modern world? I haven't needed it in years. Don't know anybody else either (Estonia).
A huge percentage of daily life in Germany (Europe's biggest economy) and Austria is conducted in cash. https://www.bundesbank.de/en/press/press-releases/payment-be...
Well Germany isn't really considered modern by northern EU standards, as would most northern EU citizens tell you. Don't know about Austria however.
People still use cash in the modern world? I haven't needed it in years. Don't know anybody else either (Estonia).
A huge percentage of daily life in Germany (Europe's biggest economy) and Austria is conducted in cash. https://www.bundesbank.de/en/press/press-releases/payment-be...
That’s true, same with England, but the Scandinavian countries (and others around them) are essentially cashless now. I’ve lived in Sweden for three months and yet to see a single note (literally!).
People still use cash in the modern world? I haven't needed it in years. Don't know anybody else either (Estonia).
Plenty in use in some EU countries (Germamy comes to mind).
Like mentioned in another reply here, Germany is quite outdated when it comes to these things, and I wouldn't consider Germany a modern country (by northern European standards).
I think this is because of the sketchy way in which passports for various tax havens, Caribbean countries, etc (not mutually exclusive) have been sold and bought and those passports allowed visa-free access to the EU. The corruption in those countries puts the EU borders at risk, hence these new rules. Sauce: https://www.occrp.org/en/dominica-passports-of-the-caribbean...