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European Union’s Financial Services Commissioner Michel Barnier unveils his plans to harmonize deposit

01:18

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Karlotta BahnsenJuly 12, 2010

The global and Eurozone crisis has shocked consumers in Europe -and it will be quite a handfull to restore their trust in the financial system. Michel Barnier, the European Union’s Financial Services Commissioner, is set to unveil his plans to harmonize the bloc's deposit insurance as a way to ease market distortions and protect savers.

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