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Август
2023

Austrian leader proposes enshrining the use of cash in his country's constitution

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Austria’s leader is proposing to enshrine in the country’s constitution a right to use cash, which remains more popular in the Alpine nation than in many other places. Chancellor Karl Nehammer said Friday that “more and more people are concerned that cash could be restricted as a means of payment in Austria.” His office said that the “uncertainty” is fueled by contradictory information and reports. While payments by card and electronic methods have become increasingly common in many European countries, Austria and neighboring Germany remain relatively attached to cash. Protecting cash against supposed threats has been a demand of the far-right opposition Freedom Party, which has led polls in Austria in recent months.














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