ECB recommends keeping money aside and staying calm

Remember when the European Union recommended that citizens prepare a "three-day survival kit"?

In the event of a crisis, blackout, or civil war, such a kit would be essential. Interestingly, shortly afterward, we had the so-called "Iberian blackout." Fortunately, it only lasted ten hours.


Warnings like this are useful, but they raise an inevitable question: are they simply "friendly" recommendations or signs that something more is being planned behind the scenes?

Now, the European Central Bank (ECB) itself is advising citizens to maintain cash reserves and remain calm. In scenarios of war, turmoil, or economic collapse, lines at banks and ATMs would quickly deplete the cash in circulation.

Are we dealing with simple warnings or subtle signs of an impending crisis?

With spy drones flying over European military bases and Russian fighter jets being intercepted by NATO in the Baltic Sea, could the ECB already sense a new storm on the horizon?

A study by the European Central Bank (ECB), entitled “Keep calm and carry cash,” analyzed four major recent crises – the COVID-19 pandemic, the Russian invasion of Ukraine in 2022, the Greek debt crisis, and the Iberian blackout in April 2025 – and concluded that cash remains irreplaceable in times of emergency.

Link: The Local

Official ECB link here

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