The European Union says it will raise the minimum banking guarantee to 50 thousand euros - je 07.10.2008 14
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Constanze TressOctober 7, 2008
European finance ministers have agreed to increase bank deposit guarantees for savers in Europe. They decided to raise the guarantee from 20 to 50,000 euros. Although the action was less ambitious than expected, it marked the first concrete EU-wide action aimed at protecting savers and boosting confidence in the banking sector.