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Europe Daily Bulletin No. 10835

26 April 2013
Contents Publication in full By article 19 / 35
ECONOMY - FINANCE - BUSINESS / (ae) banking
Merkel says no unified savings guarantee system in short term

Brussels, 25/04/2013 (Agence Europe) - Commenting on the talks to introduce an EU-wide savings guarantee scheme, Germany's chancellor said in Dresden on Thursday 25 April: “The German government rejects a unified European deposit insurance - at least for the foreseeable future”. Inter-institutional EU talks on greater harmonisation of national savings guarantee systems are currently in deadlock over solidarity between different countries' schemes when it comes to bailing out savers with...

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