Ciaran Mullooly wants the EU to legislate to ensure the future of cash across the bloc.
'Cash is king, and long may it reign'
That's the Christmas proclamation for a midlands MEP.
Ciaran Mullooly wants the European Union to legislate to ensure that cash remains acceptable everywhere.
The Midlands Northwest rep is pointing to a European Central Bank survey, which showed 59 per cent of consumers used cash at the point of sale.
While 60 per cent of respondents expressed a clear preference for maintaining both cash and cashless payment options.
Mr Mullooly says cash may prove the safer option in the future:
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