“Ayrault trotted out his national plan, a 20-page document that outlined his all-out effort to go after any kind of behavior that could possibly deprive the government of those sorely needed euros. Stuffed into that 20-page national plan: prohibiting cash payments of over €1,000 per purchase. It’s urgent. He wants to get the process started soon so that ‘a decree and legislative measures’ can be finished by the end of 2013.  Two crisp 500-euro bills and a single coin: voilà, an illegal transaction.  But the limit would only apply to fiscal residents.  Fiscal residents of a country other than France would be able to pay €10,000 in cash per purchase.”

http://www.businessinsider.com/draconian-cash-controls-are-coming-to-france-2013-2

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