Stopping centime coins is first step to saving €30bn

France wants to find €30billion in savings in public expenditure by 2020... and getting get rid of one and two centime coins could help.

Part of a move towards a more cashless economy, France would join Belgium, Finland and Ireland as euro-zone countries if it opted to no longer use the smallest coins... aided by the fact that it costs four centimes to make a one centime coin.

A committee looking at possible savings said encouraging people to use less cash would simplify payments and help fight fraud – and it suggested that cash, cheques and fiscal stamps should be banned for payment ...

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