Rey Nuevo Posted June 13, 2012 Report Share Posted June 13, 2012 Deposit guarantee makes the market happy Markets began the day with mix sentiment but the ECB put the salt in the sentiment with the deposit guarantee scheme as option to refief debt concerns in the Euro area. According to the ECB's new financial stability report, "breaking the link between banks and sovereigns – which significantly exacerbates the impact of any financial disturbance – also by establishing a European deposit guarantee scheme and resolution arrangements," Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.