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I have to correct myself:
TV spoke rubbish as usual, it is obviously capped at 70k€ for the accounts as a whole.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
by Cyrille (cyrillev domain yahoo.fr) on Tue Sep 30th, 2008 at 07:49:41 AM EST
[ Parent ]
I can confirm it is 70k€ per person and per bank. If your wealth is 140 k€, split in two different banks and you get 100% coverage.

The amount in the guarantee fund is irrelevant: it will be refinanced by govt' or ECB at first sign of trouble, with newly printed money if need be.

Pierre

by Pierre on Tue Sep 30th, 2008 at 10:49:00 AM EST
[ Parent ]

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