Bail Ins now a EU choice - Deposits at risk

monagt

Registered User
Messages
880
"Austria will remove state guarantee of bank deposits- Austrian deposit plan given go ahead by the EU- Banks to pay into a deposit insurance fund over 10 years- Fund will then be valued at a grossly inadequate €1.5 billion- New bail-in legislation agreed by EU two years ago- Depositors need to realise increasing risks and act accordingly- “Bail-ins are now the rule” and ‘Bail-in regime’ coming."

Is there a discussion here on the relative health and/strength of the Banks available in Ireland?

Could the Gov withdraw the €100,000 State Guarantee at short notice?
Do depositors need an exit plan with short term deposits?

Source Link removed as it may be biased.
 
Last edited:
Haven't followed the link you post, but I think it's a site that sells gold - would certainly treat anything they say to undermine the safety of deposits with a large pinch of salt!
 
Back
Top