Chancellor Karl Nehammer wants to enshrine cash in the constitution. Nehammer wants to give the population a clear security of supply. After Styrian governor Christoph Drexler spoke out against the chancellor’s initiative, the governors of Tyrol and Salzburg are now also skeptical. But how justified is the concern about cash?
Martin Selmayr, head of the European Commission’s representation, sees little in the chancellor’s cash initiative and tweeted in an X-Post that only the EU is responsible for monetary policy regarding the euro and the monetary law that states that regulates.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
