Berlin’s long-delayed BER airport is set to go bankrupt by the end of October 2020 unless it receives a cash injection of €300 million, according to a report.
Germany may be getting more digital, with a growing number of establishments accepting cards. But the country still is crazy for cash, a survey published Monday from the Bundesbank shows.
Worries about the spread of coronavirus in Germany saw many businesses switch to being ‘card only’. Could this mark a change for cash-loving Germany? Or is Bargeld here to stay?
A 63-year-old man in Germany had a very Merry Christmas indeed after an honest finder returned the backpack he had forgotten under a tree -- filled with presents and €16,000 in cash.
Grounded in history, German’s scepticism for card payments has meant cash has long been king in Deutschland. But a gradual increase in card payments – along with growing trust in the medium – has seen them eclipse cash payments in Germany for the first time.
As the ECB takes the final step in phasing out the 500-euro note, few are expected to mourn a bill favoured by criminals but rarely seen in daily life. Except perhaps in cash-loving Germany.
Germany is still considered to be a cash country. However, the tide could be changing. Apple has now followed in Google’s footsteps and launched its smartphone payment service.
With high-street bank branches vanishing from regions across Germany such as northern Bavaria, banks have been forced to rethink their business models.
A Cologne drinks vendor modified a bottle-recycling machine to swindle tens of thousands of euros from the German recycling system, a court learned on Tuesday.
A group of criminals failed to make off with any money in Berlin early on Tuesday morning, after blowing up a machine that only contains paper statements.
A new study by YouGov provides some interesting insights into how Germans treat their cash - and what they are prepared to do to get their hands on it.
A refugee from Syria found a huge stash of money in a secondhand wardrobe he bought. But keeping it for himself would have been a betrayal of his religion, he said.
The government has announced plans to set a €5,000 limit on payments in cash - provoking a furious reaction from politicians, media and public alike.
Retailers in the small town of Kleve on Germany's border with the Netherlands have banded together in a movement to end the use of one- and two-cent coins.
A woman in southern Germany got rid of an old handbag at a recycling centre, little knowing that her husband had been keeping the large sum of cash inside.
ATMs at Germany's publicly-owned Sparkasse banks in south and west Germany are refusing to provide customers with cash and bank statements on Friday due to a problem at one of the group's computer centres.
