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... up from $100k to $250k (€67k-77k to €167-192k, assuming $1.30-$1.50/€).

The argument was that while the original amount is adequate for most households, it is not adequate for all small businesses bringing their payroll onto account.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Oct 8th, 2008 at 04:53:55 PM EST
[ Parent ]
I'm not aware of Spain giving any reason for the €100k limit.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Wed Oct 8th, 2008 at 05:07:53 PM EST
[ Parent ]

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