Tag: Money and counterfeit money
Faeser specifies traffic light plans against money laundering
Berlin Federal Interior Minister Nancy Faeser (SPD) has announced a tougher approach to combating organized crime. “I support the introduction of a general cash limit of 10,000 euros,” said Faeser…
Federal government wants to ban cash payments when buying a house
property Houses and apartments are a popular means of money laundering because they can be paid for in cash in Germany. (Photo: IMAGO/Silas Stein) Berlin The federal government wants to…
That’s why Austria advertises cash as protection against crises
ATM There are 9,000 ATMs in Austria, and the number has hardly changed in recent years. (Photo: dpa) Vienna Candles, matches, mineral water and “a significant amount of cash” should…
Germany and four other EU countries are driving the digital euro
ECB headquarters in Frankfurt The European central bank is working on the introduction of a digital currency. (Photo: REUTERS) Brussels, Frankfurt The federal government is campaigning for the introduction of…
Will the currency survive the crisis?
Frankfurt More than 30 authors, some of them prominent, more than 500 pages, a wide range of topics from technical questions of cash processing to bitcoins and stablecoins: The Bundesbank…
Cash, the eco-friendly bitcoin alternative for criminals
The author Tillmann Prüfer is a member of the editor-in-chief of “Zeit-Magazin”. I keep hearing that cash is on the decline because cash always causes trouble. For example, it is…
Private financial assets rise to a record high in the second year of the pandemic
Euro banknotes At the end of the fourth quarter, German households had 5,575 billion euros at their disposal. (Photo: Colourbox.com) Frankfurt People in Germany have increased their wealth in the…
Refugees should be able to exchange Ukrainian currency for euros
Refugees at Berlin Central Station So far, refugees from Ukraine have not been able to exchange their national currency for euros. The finance ministers now want to change that. (Photo:…
Central Bank of Russia restricts foreign exchange trading
Central Bank of Russia On the other hand, there are no restrictions on exchanging foreign currencies for rubles. (Photo: Bloomberg) Moscow The Russian central bank imposes drastic restrictions on foreign…
ECB President Lagarde wants famous Europeans on euro bills
Christine Lagarde “The redesign of the banknotes is a good opportunity to show unity.” (Photo: Getty Images) Frankfurt According to ECB President Christine Lagarde, a future generation of euro banknotes…
Where Germans can keep their cash safe
Euro bills lie on a table At many banks, savers are now paying negative interest rates. Is that why they are hoarding cash? (Photo: dpa) Frankfurt Anyone who wants to…