Saturday, February 20, 2016

#AUSTRIA: Lawmakers Battle Move To Eliminate Paper Currency; Vow To Protect It In Constitution

[world politics news]


In a measure to protect against crime, some in Europe are suggesting a phase-out of paper money, There has been recent debate about ending the €500 note and the use of one and two cent coins, as well as limits on cash withdrawal. Some in EU member nation Austria are reacting by vowing to protect currency's existence in its national constitution.

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