Many parts of the world are becoming cashless societies as digital payments with credit cards and other devices become faster and more convenient. But people in Germany - Europe's strongest economy - are bucking the trend.
The coronavirus pandemic is disproportionately affecting the poorest. They need support and assistance now more than ever, write German minister of state, Niels Annen, and UN emergency relief coordinator Mark Lowcock.
Germany's finance minister says the EU can emerge "stronger" from the pandemic if member states keep working together. He also voiced confidence the economy could rebound to pre-crisis levels by 2022.
This year, I joined millions of people in holidaying at home instead of traveling internationally. Here's what my staycation taught me about my adopted country of Germany.
Whether at the market or buying a car for several thousand euros, many Germans still pay cash. For World Savings Day, we look into the cultural reasons that could explain their aversion to digital payment systems.
© 2020 Deutsche Welle |
Legal notice |
| Mobile version