SloveniaThe article discusses the increasing preference for cash despite the growing use of cards and mobile payments in Europe. Experts suggest this trend is driven by rising uncertainty due to wars, natural disasters, and cyberattacks, which could temporarily disrupt digital payment systems. Data from the European Central Bank (ECB) indicates that the total amount of cash in circulation continues to rise, although its use for daily transactions is declining. The ECB's chief economist, Philip Lane, notes that while the number of cash transactions is decreasing, the overall volume of cash in circulation is increasing. The article highlights concerns about the reliability of digital systems during crises and emphasizes the importance of cash as a security reserve. The European Union has urged citizens to prepare for at least three days of self-sufficiency in case of serious crises, including natural disasters and cyber threats.
Bias read (Center): The article presents balanced information about the trends and reasons behind increased cash holdings without overtly favoring any political ideology. It cites expert opinions and data from the ECB without taking a clear ideological stance, maintaining a neutral tone throughout.
