Brussels, 19/02/2014 (Agence Europe) - On Tuesday 18 February, the EU Council of Ministers confirmed a political agreement had been reached with the European Parliament aimed at further harmonising EU rules on deposit (savings) guarantee schemes (see EUROPE 10987). The draft directive confirms the protection for savers of the first €100,000, simplifying and harmonising coverage and pay-out arrangements (20 working days at present, 15 days by 2019, 10 by 2021 and 7 by 2025). Depositors will...