Europeans Increasingly Stockpiling Cash — Experts Advise Keeping €100 on Hand - video Dailymotion

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In a surprising trend, the accumulation of cash is on the rise in Europe, even as contactless payment methods gain popularity. Data from the European Central Bank reveals that the volume of banknotes in circulation has surged from €1 billion in 2016 to €1.6 billion by June 2026, marking a 60 percent increase. Currently, over 31 million banknotes are in circulation, up from 24 million prior to the pandemic. Authorities in Austria, Finland, Germany, Sweden, and the Netherlands now recommend that households maintain a cash reserve of €70 to €100 to cover essential needs for 72 hours in the event of a digital payment system failure. Experts caution that as everyday cash transactions decline, its availability during genuine crises may also diminish. Disclosure:This video contains stock footage and content created or enhanced using Ai-assisted tools ai-generated

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00:0031 million banknotes are now circulating across Europe.

00:03And the number keeps climbing, despite smartphones replacing wallets.

00:07Cash stockpiling is quietly surging.

00:10European central bank data confirms notes in circulation

00:13jumped from 1 billion euros in 2016 to 1.6 billion in June 2026.

00:19That is a 60% increase in just 10 years.

00:22Before the pandemic in 2019, only 24 million notes were in circulation.

00:27Today, it is 31 million. Governments across Germany, Austria, Finland, Sweden.

00:33And the Netherlands are now officially recommending every household

00:36keep between 70 and 100 euros in cash at home.

00:40Enough to cover essential spending for 72 hours if digital payment systems go down.

00:45The ECB itself calls cash a critical part of national crisis preparedness.

00:50And financial experts warn, if people stop using cash when there is no crisis,

00:55it may not be available when there is one.

00:57Disclosure. This video contains stock footage and content created or enhanced

01:01using AI-assisted tools AI-generated.

Europeans Increasingly Stockpiling Cash — Experts Advise Keeping €100 on Hand

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