Post
Topic
Board Economics
Re: My bank account's got robbed by European Commission. Over 700k is lost.
by
murraypaul
on 19/08/2014, 14:40:06 UTC
By the way, this style of "bank restructuring" is going to be adopted in the whole European Union.
Soon, everyone's uninsured money (over 100K EUR) in EU banks will be at risk of seizure.

This shouldn't be a surprise to anyone, and is not new.
Bank deposit guarantee schemes almost always have a limit on the amount guaranteed if the bank collapses.