CAVOK@lemmy.world to Europe@feddit.orgEnglish · 10 days agoEuropean Union to ban cash payments above €10,000www.theportugalnews.comexternal-linkmessage-square161linkfedilinkarrow-up1278arrow-down14
arrow-up1274arrow-down1external-linkEuropean Union to ban cash payments above €10,000www.theportugalnews.comCAVOK@lemmy.world to Europe@feddit.orgEnglish · 10 days agomessage-square161linkfedilink
minus-squareOmnipitaph@reddthat.comlinkfedilinkEnglisharrow-up8arrow-down2·9 days agoHold up, does this effect the ability to purchase outright cars and homes? The article doesn’t go into detail about what is considered “goods and services”.
minus-squareKsin@lemmy.worldlinkfedilinkEnglisharrow-up7·9 days agoCash here refers to physical currency. It’s not mandating that you take a loan for large purchases if that’s what you’re thinking.
minus-squareOmnipitaph@reddthat.comlinkfedilinkEnglisharrow-up1·9 days agoAh! Okay, that makes way more sense. Thank you!
minus-squareCAVOK@lemmy.worldOPlinkfedilinkEnglisharrow-up5·9 days agoIt doesn’t. You can still buy a house, or a car, just not with cash.
Hold up, does this effect the ability to purchase outright cars and homes? The article doesn’t go into detail about what is considered “goods and services”.
Cash here refers to physical currency. It’s not mandating that you take a loan for large purchases if that’s what you’re thinking.
Ah! Okay, that makes way more sense. Thank you!
It doesn’t. You can still buy a house, or a car, just not with cash.