EU Considering Account Freezes to Stop Bank Runs
European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed.
The move is aimed at helping rescue lenders that are deemed failing or likely to fail, but...[Read more ...]
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Category: International
Tags: bailout, Banco Popular, bank bail-in, banks, debt, Euro Zone, European Union, insolvent banks, Mario Draghi
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