Top EU Court Offers Reminder That Cash Is King
Two German men were fined for late payment of their public broadcaster fee after being told they could not pay in cash. The Klappergasse in Frankfurt’s pub district of Alt-Sachsenhausen is deserted in Frankfurt, Germany, on Nov. 2, 2020. (Arne Dedert/dpa via AP) LUXEMBOURG (CN) — EU public authorities must accept cash as payment but can refuse coins and notes for reasons of public interest, the union’s high court ruled on Tuesday. The Court of Justice of the European Union announced the decision in a case where two men were denied the opportunity to pay a German public broadcaster in ...