Germany hoarding cash to deal with blackouts – Reuters ...News

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Germany hoarding cash to deal with blackouts – Reuters
The measure is part on an emergency plan in case of crisis German authorities are stepping up preparations for emergency cash deliveries in case of power outages to keep the economy running, Reuters reported on Tuesday, citing its sources. People involved in the plans told the media outlet that Germany’s central bank, the Bundesbank, is hoarding extra billions to cope with a surge in demand, and possible limits on withdrawals. Officials and banks are reportedly also looking at distribution, as well as priority fuel access for cash transporters, the sources said. The planning discussions also involve financial mark

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