Austria's Chancellor Karl Nehammer has proposed enshrining the right to use Cash in the country's constitution, amid concerns that cash could be restricted as a means of payment. Cash remains popular in Austria, with 47 billion euros withdrawn from ATMs annually. The proposal aims to protect cash as a means of payment, ensure a basic supply of cash, and allow people to freely choose their preferred payment method. The idea has been supported by the far-right opposition Freedom Party, and discussions will be held in September with relevant ministries, finance industry representatives, and the central bank.

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