Austrian Chancellor Karl Nehammer has proposed that the country enshrines the use of cash in its constitution, to ease fears that a citizen’s right to use paper money and coins will disappear. According to a three-point plan issued on Thursday, the right to cash would be protected in the constitution, while the national bank would…
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The regulator says the economy has stabilized, but still needs to adapt to the new conditions The Russian economy has managed to evade an inflationary spiral due to the policies of the Central Bank, the head of the regulator, Elvira Nabiullina, said on Thursday at a meeting with the Association of Russian Banks.