Wednesday, April 17, 2024

HomeEconomyReuters first to report Germany steps up emergency cash plans to cope...

Reuters first to report Germany steps up emergency cash plans to cope in blackout

Economy

Reuters exclusively revealed German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running, as the nation braces for possible power cuts arising from the war in Ukraine. The plans include the Bundesbank, Germany’s central bank, hoarding extra billions to cope with a surge in demand and possible limits on withdrawals.

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Regions: Europe

Countries: Germany

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story


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