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EU to Ban Large Cash Transactions

http://silverunderground.com

The finance ministry for the European Union has announced that cash transactions over 500 euros would soon be banned. Large transactions will only be allowed via credit card, or by check, which essentially amounts to mandating that people have bank accounts. Believe it or not a lot of people don’t have, and don’t want bank accounts. The finance ministry hopes this will help combat tax evasion.

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MuslimNonarchist's picture
Created by MuslimNonarchist 1 year 13 weeks ago – Made popular 1 year 13 weeks ago
Category: Money   Tags:

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