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ECB Urges Families to Stock Cash for Emergencies

9/25/2025

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Summary

Story summary

European Central Bank (ECB) analysis urges households to keep cash at home for crises, citing the pandemic and Russia's invasion of Ukraine, and recommends €70–€100 per person for essentials.
Sweden advises families to hold cash sufficient for a week’s necessities.
A Spain–Portugal power outage highlighted cash’s importance when digital payments fail.
The European Commission urges citizens to stockpile essentials for at least 72 hours.

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Story summary

European Central Bank (ECB) analysis urges households to keep cash at home for crises, citing the pandemic and Russia's invasion of Ukraine, and recommends €70–€100 per person for essentials.
Sweden advises families to hold cash sufficient for a week’s necessities.
A Spain–Portugal power outage highlighted cash’s importance when digital payments fail.
The European Commission urges citizens to stockpile essentials for at least 72 hours.