The requirement of urgency was absent – The increase in the cash limit from 1,000 to 5,000 euros emerged from the Aiuti Quarter decree due to the lack of urgent requirements typical of the decree. Instead, as announced by the league, the rule could be re-proposed in the maneuver in the form of a bill.
The situation in Europe regarding the cash ceiling – In Bulgaria, the limit for cash payments is 10,000 lev, which is just over 5,100 euros. In Belgium, you cannot pay cash for the purchase of goods and services if the cost exceeds 3,000 euros. In Croatia the limit is 15,000 euros, the highest among EU countries, in Denmark it is 2,700 euros.
In Greece the limit is 500 euros – In France it is 1,000 euros for French tax residents and 15,000 for non-resident tax residents. In Greece, the limit is 500 euros (but it is not provided when buying a vehicle), while in Latvia it is 7,200 euros. In Lithuania the limit is 3,000 euros, in Portugal it is 1,000 euros. Limit of 10,000 euros in Malta, which is the country with the highest percentage of cash payments (88%) according to Openpolis data. In Poland, on the other hand, there is a cash limit of just over 3,200 euros between commercial operators, which does not apply to private individuals. In the Czech Republic, cash payments may not exceed 10,500 euros per day, in Slovakia the limit is 5,000 euros. In Romania you cannot make cash payments over 2,100 euros per day. In Slovenia, merchants can accept cash payments up to 5,000 euros, while in Spain the threshold is 2,500 euros for residents and 15,000 euros for non-residents. Cash payments over €1,000 cannot be made in Sweden, but merchants can refuse and request cashless payment.
Who has no limits – On the other hand, there are numerous countries in the European Union that do not have restrictions on cash payments: these are Austria, Cyprus, Estonia, Finland, Germany (where an identity document is required for payments over 10,000 euros), Luxembourg, Ireland, Latvia, the Netherlands and Hungary. Add to that Norway and the UK, also with no cash restrictions.