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"one-half of all Euros apparently circulating outside the eurozone."

Its common for wealthy (upper middle class, not oligarch) folks in Russia to have proper safe at home, and to keep thousands of Euros in cash there.

They often use Euro's because Ruble devalues a lot. Additionally, they have justified distrust in the ability of the government to run the economy and banking system, and it is their stash in case either collapses.

So cash does not mean Crime, it could also mean you don't want to be left out in the cold.



Doesn't even need to be 'wealthy', just be above payday-to-payday survival and have savings.




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