The European Union wants to limit cash payments. The maximum amount will be standard across the EU. The limit should be 10,000. euros. The Member States of the European Union and the European Commission have reached an agreement to introduce stricter rules for cash payments. The aim of the new regulations is to combat money […]
Tag: Cash
German ‘obsession’ with cash linked to ATM robberies. But Moroccans are also attached to it
In Germany, criminals blow up ATMs. The media sees the reason in the Germans’ “obsession” with cash. Tomasz Wróblewski pointed out that the problem is not necessarily in the habits of our neighbours. It is happening more and more in Germany blow up ATMs to steal money. The German Interior Ministry reported that there were […]
The president has signed a bill to remove restrictions on cash
President Andrzej Duda has signed a law repealing restrictions on the use of cash at certain limits. The New Deal includes provisions that assume that limits for cash payments will be introduced from January 1, 2024. This includes PLN 8 thousand as part of one transaction between entrepreneurs and PLN 20,000. PLN for transactions between […]
“Spend control and privacy”. ECB admits: this is why cash still beats POS
Six out of ten transactions are still “cash”. And Frankfurt admits: people have good reasons not to give up Europe is becoming more and more accustomed to Pos, although “cash” transactions in stores still remain slightly in the majority. Indeed, in 2022, cash was the most used means of payment in stores in the euro […]
Tax on plastic and aluminum threatens takeout deal
Since July 1, restaurants, cafes, bakeries and supermarkets that sell meals in single-use plastic containers have to charge customers a new fee of €0.30 + VAT, which amounts to €0.37 per container. . From 2023, this contribution will be extended to aluminum crates. Without viable alternatives, takeaway and home delivery businesses, which grew exponentially during […]
School supplies are 16.5% more expensive this year than in 2021
The return to school of thousands of Portuguese students is fast approaching. However, and before the start of classes, it is necessary to purchase a whole paraphernalia of material for this school year. For parents and carers, faced with extremely high inflation and loss of purchasing power, the scenario seems neither rosy nor saving. And […]
Corporate and private debt grows by 10.1 billion
The debt burden of the Portuguese non-financial sector rose by 24.1 billion euros in the first half of this year. Data from the Bank of Portugal, released this Monday, shows that governments, businesses and individuals reached a total debt of 794.8 billion euros from January to June 2022. Of this total, a tranche of 357.7 […]
Medina paid Sérgio Figueiredo 30 thousand euros for 20 days of work for CML
Creating a communication plan to promote Christmas shopping in the traditional trade, which is particularly affected by the pandemic and the ensuing incarcerations, was the mission of the company of Sérgio Figueiredo and Margarida Pinto Correia, says the Saturday. To this end, Fernando Medina, then head of the Lisbon Chamber, signed a contract with Plataforma […]
Regulator offers new price comparator for electricity and gas
As of this Wednesday, the Energy Services Regulatory Authority (ERSE) has launched an online simulator that “allows you to quickly and easily consult all the prices of commercial energy offers available on the market for domestic electricity and natural gas consumers in mainland Portugal, without having to simulation or input data,” the regulator said in […]
Nearly two-thirds of government miss interest filing deadline
Of the 56 members of the government, including ministers and secretaries of state, nearly two-thirds delivered their declarations of interests to the Assembly of the Republic after the deadline, the newspaper Público reported this Wednesday. By May 30, only 23 members of the executive had submitted this statement into Parliament’s computer system. The information is […]