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Anxiety over war, wildfires and cyber-attacks leads to growth in cash stocks in EU

The Guardian - Business
The Guardian - Business
Aug 21, 2026 · 9:30 AM
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Anxiety over war, wildfires and cyber-attacks leads to growth in cash stocks in EU
Value of banknotes in circulation rises from €1tn in 2016 to €1.6tn in 2026 as people advised to keep stash of cashThe number of banknotes in circulation in the EU is increasing despite widespread smartphone payments, new data shows, with wildfires ripping through parts of Europe fuelling demand…
The Guardian - Business
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