Acceptance of the Referral for Limiting Cash Transactions by the Institutions Committee
December 23, 2024
The Institutions Committee unanimously accepted the referral from the President for a limit on cash transactions set at €10,000. This law had previously been approved by the Parliament but included a reference to a European regulation effective from 2027. The Committee decided to remove the reference to the regulation to allow for immediate voting on the limit. The Plenary of the Parliament is meeting urgently to vote on this matter.