View more on these topics

EU ministers lift minimum saver protection to 50,000 Euros

European Union finance ministers have agreed to lift depositor protection to a minimum of 50,000 Euros or £38,900.

The French finance minister Christine Lagarde confirmed the agreement today and reiterated members’ commitment to doing whatever is necessary to restore financial stability.


Big freeze at Icesave

The Financial Services Compensation Scheme says it is unclear if Icesave depositors will have to apply both to the Icelandic and UK compensation schemes if the bank becomes insolvent.


News and expert analysis straight to your inbox

Sign up


    Leave a comment