VIENNA—Austria on Thursday reinforced its status as one of Europe’s most cash-loving countries by saying it opposed a plan by the European Commission to cap cash payments at 10,000 euros ($11,800).
Cash is occasionally a topic of political debate in Austria, where the far-right Freedom Party (FPO) has long called for the right to use cash to be inscribed in the constitution. Many restaurants and bars still do not accept card payments.
