“Covered deposits no longer need to be protected, according to the European Central Bank (ECB), which has proposed this month to stop withdrawals when a bank is on the verge of failing. It has suggested the current €100,000 (£85,000) deposit level currently protected in the event of a bail-in would no longer be available.”
Read more: https://www.rt.com/document/5a1283f3fc7e93c0588b4568/amp/410373-ecb-end-deposit-protection
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
MtGox CEO ordered to U.S. for questioning on failed bitcoin exchange
"Greyjing"? Air pollution fouls Beijing's name
Canadian banks to be compelled to share clients' info with U.S.
Privacy debate looms as Canada prepares to share bank data with U.S.
Scientists confirm water extraction helped trigger deadly 2011 quake in Spain
BPD officer sentenced in drug case
Bad Economy Has Young Europeans at Home
Colorado police officer found guilty on dozens of school sex charges
Chinese ‘re-education’ labor camps set for abolition
Use of garages as social gathering place spurs action by officials
When Deportation Is a Death Sentence
Want to see how America is changing? Property taxes hold the answer
Bitcoin more powerful than fastest supercomputers
USDA skeptical of Monsanto sabotage claim in ‘zombie wheat’ probe
Consider keeping Bernanke, top Romney adviser says