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Politico (4 August 2025)

By Alice Taylor

The plan to ban cash by the end of the decade will be difficult to realize in a country distrustful of banks.

In a country where cash is king, Prime Minister Edi Rama’s ambition to make Albania go without by 2030 would turn society on its head.

For years, Albanians have preferred to keep their cash under the mattress — next to their AK-47, as the national joke goes — rather than in banks. But if Rama gets his wish, Albania would become the world’s first cashless economy.

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