December 16, 2022
After EU Council Decision: Cash cap now also coming to Austria
The Council of the European Union has agreed on a cash ceiling of 10,000 euros. According to the Council's plans, cash transactions over 10,000 euros are to become illegal. With this, the governments of the member states are finally putting this limit, which was already demanded last year by the EU Commission as a measure against money laundering and the fight against terrorism, on track!