Cash returns to Sweden in case of emergency

Years after leading the revolution towards a cash-free society, Sweden is now urging inhabitants to keep banknotes on hand in case of emergency.

Grocery shops and pharmacies will also be required to accept cash.

Many Swedes have not touched banknotes in years. Very few restaurants, shops or services accept cash and almost everything is paid for by card or various online services.

Even most bank branches no longer handle cash deposits or withdrawals, with customers referred to online banking services.

But earlier this month, the Swedish central bank recommended that households keep 1,000 kronor (around €93) in cash on hand per adult to cover a week’s…

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