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Image header Agence Europe
Europe Daily Bulletin No. 10391
Contents Publication in full By article 13 / 37
GENERAL NEWS / (ae) eu/banking

Seeking balanced savings guarantee system

Brussels, 01/06/2011 (Agence Europe) - The member states are steaming ahead in their negotiations over the draft directive to change the rules governing saver deposit systems (see EUROPE 10173 and 10169). Aiming to reach broad agreement at the Tuesday 15 June ECOFIN Council, the Hungarian Presidency has submitted a new compromise to the delegations, suggesting that the national savings deposit systems are funded ahead of any crisis to the tune of 1% of the total savings covered in 15 years'...

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THE DAY IN POLITICS
GENERAL NEWS
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