Greece is moving further toward a fully traceable economy.
Under the proposed rules, transactions above €500 would need to be made electronically, while rent payments become increasingly tied to the banking system.
Governments say it’s about:
• fighting tax evasion
• modernising the economy
• increasing transparency
Critics ask:
• where does financial privacy end?
• what happens during bank outages?
• what happens when every transaction can be monitored, restricted, or controlled?
This isn’t “cash disappearing tomorrow.”
But it is another step toward a more digitised financial system across Europe.
The bigger question is:
Are we witnessing modernisation… or the gradual death of anonymous transactions?
What do YOU think?
Necessary reform or dangerous precedent?
Comment below. 👇
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