The use of cash is declining in Europe, yet it remains prevalent, especially in Southern European countries. A European Central Bank survey shows the median cash amount in wallets varies by country, with Germany having the highest at €69 and France the lowest at €50. Cash transactions fell from 79% in 2016 to 52% in 2024, with cultural factors influencing cash usage. Countries like Germany and Austria maintain a strong attachment to cash due to historical trust and privacy concerns, while the Netherlands and Finland show lower cash acceptance and higher digital adoption. Teljes cikk (Euronews.com)