Ministers discuss EU-wide deposit guarantee scheme

EU finance ministers are considering an Irish proposal for a Europe-wide scheme to guarantee private bank deposits of up to €100,000.

Tue, 07 Oct, 2008 - 11:57

EU finance ministers are considering an Irish proposal for a Europe-wide scheme to guarantee private bank deposits of up to €100,000.

The move has been suggested by Finance Minister Brian Lenihan during EU talks in Luxembourg to discuss the global financial crisis.

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