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DACH Times™ > Blog > Austria > Finance > Germany and Austria are Europe’s cash strongholds, survey shows
Finance

Germany and Austria are Europe’s cash strongholds, survey shows

Last updated: February 28, 2026 9:19 am
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Banknotes with the value of 100 and 50 euros and coins are lying on a table. Monika Skolimowska/dpa Banknotes with the value of 100 and 50 euros and coins are lying on a table. Monika Skolimowska/dpa

Germany and Austria remain Europe’s cash strongholds, according to an international survey commissioned by consulting firm BearingPoint.

Banknotes and coins are used significantly more frequently in these two countries than in the seven other EU countries surveyed by market research institute YouGov on behalf of BearingPoint.

When asked about their most common payment method in the December survey, 73% of the 2,026 adults…



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