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FPÖ warns: EU is pursuing a master plan to abolish cash

June 15, 2022
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FPÖ warns: EU is pursuing a master plan to abolish cash
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“The cashless development is progressing more and more,” warns the FPÖ member of parliament Peter Wurm. At the moment, the banks are “charging ever higher fees, such as a custody fee, for fewer and fewer services, despite high profits”. That’s not the only worrying development. Some restaurants and other service providers would no longer accept cash at all.

The government must therefore finally anchor cash as a means of payment in the constitution. “Cash as ‘printed freedom’ is more important than ever, especially in times of crisis.” That would be a first step in the right direction. In a second step, we demand the right to cash as a means of payment and its anchoring in the constitution.”

If these demands are not implemented as quickly as possible, “the EU’s master plan, the abolition of cash, will be implemented. This not only means a decent upward price hike. Purely electronic payment transactions would finally make transparent consumers a reality and data protection would be a thing of the past. This is a risk for every single saver and consumer,” says Wurm.

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