Discreet Bullion
  • Home
  • Bullion
  • Prices
  • Blog
  • 1776
  • Links
  • About
  • FAQ
  • Contact
  • Diamonds

EU to Limit Cash Withdrawals to 100 - 200 Euro During Failure

8/7/2013

0 Comments

 
Picture
From deutsche-wirtschafts-nachrichten.de

Article link

Translated from German by Google:

Largely unnoticed by the public, the EU is pushing forward the concrete steps in the event of a banking collapse. A few weeks ago it was decided to carry out banking bailouts surprise attack on a weekend ( here ) and savers over 100,000 euros and shareholders and holders of bonds with a compulsory levy on the banking bailout to participate ( here ).

Now the Lithuanian Presidency presented the first details of how a bank bailout will actually look like.

It is extremely unpleasant for those savers who now predominate because of the deposit insurance in safety and believe it will only make "the rich", ie those investors who have more than 100,000 euros.

The Lithuanian proposal shows that if a bank goes bankrupt, get the small depositors their money not immediately up to four weeks - 20 working days - the savers will have to make do with just the bare necessities., You may withdraw 100 to 200 euros a day - no more. The EU Council under the direction of your chosen anyone in Europe President Herman Van Rompuy originally had proposed to let the saver wait four weeks for their money.

The Parliament was then but this time a little long, demanding deposits of 100,000 euros should be paid within five days.

However, because the technology is not possible - no bank has so much real money - is the compromise now look like this: 20 days wait for that you get daily 100 to a maximum of 200 Euros from the ATM.

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Follow our CEO on Twitter
    Tweets by @MoonSunTruth

    RSS Feed

    Favourite videos

    Archives

    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012

      Contact us          Questions            Prices            Storage               Bullion               About us