Is the measure proposed by Gérald Darmanin relevant? | EUROtoday

On May 24, 2025

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SDo we direct in the direction of the tip of elements and tickets for the advantage of 100 % dematerialized fee? This is in any case what proposed, Friday, May 24, the Minister of Justice, Gérald Darmanin, earlier than the Senate. According to him, this “fairly simple measure” would scale back delinquency, particularly drug trafficking, slowing down the exercise of deal factors, the place transactions are performed in money. “A large part of fraud, daily delinquency and even criminal networks, they are fraud of cash,” justified the minister.

However, such a proposal appears tough to use. From a viewpoint of buying habits, if funds by financial institution card have, for the primary time, exceeded these in money in France in 2024, the French stay very hooked up to the liquid. According to a examine by the Banque de France revealed final February, 60 % of them think about that you will need to maintain the opportunity of paying in small cuts.

The practices differ largely from one European nation to a different. In Italy and Spain, respectively 61 % and 57 % of funds are made in money, when, within the Nordic nations, in Sweden or Norway, the transition to all-drug, or virtually, has occurred. Be that as it could, earlier than eradicating their species from the French, of which 43 % of the funds had been made in small cuts in 2024, we should persuade them.

The money rules enshrined in legislation

Not to say that in France, merchants are legally obliged to just accept money funds, besides on the subject of foreign currency echange or broken tickets. They even threat 150 euros wonderful within the occasion of refusal. To change the rules, “the monetary and financial code should be changed, even though the law stipulates that the merchant cannot refuse cash payments”, explains David Bounie, head of the Department of Economic and Social Sciences in Télécom Paris, interviewed by Le Figaro In an article revealed on May 24.

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Answer

Especially since, recollects each day life, France being a part of the European Union, eliminating species appears tough to determine unilaterally. “We should negotiate with the European Central Bank, which issues the tickets, but that would completely modify the economic model of the banks,” mentioned David Bounie. Significant repercussions on the acts of buy are additionally to be anticipated, together with for the tourism sector, which largely advantages from the money funds of overseas guests. And organizing the withdrawal of elements and tickets in circulation in France represents an actual logistical problem.

On RTL, on May 23, Gérald Darmanin moderated his remarks, recognizing that France had “no political means” to use such a measure. “There is an extended dialogue clearly to have with the French. Liquid has different benefits, some great benefits of particular person freedom the place the state, actually, doesn’t have a look at all the pieces always … It is a public debate that should undoubtedly be posed throughout a presidential marketing campaign, for instance, “he mentioned.

https://www.lepoint.fr/economie/supprimer-l-argent-liquide-la-mesure-proposee-par-gerald-darmanin-est-elle-applicable-24-05-2025-2590440_28.php