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

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

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.

The post Reuters first to report Germany steps up emergency cash plans to cope in blackout appeared first on Reuters News Agency.

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