Barroso legitimizes haircut on deposits
Barroso legitimizes haircut on deposits
As it seems, even deposits of less than 100,000 euros are not fully secured until 2015 at least, neither in Greece and other eurozone countries, possibly not even in banks of some countries abroad. Especially when the Economic Crime Unit (SDOE) knows the foreign banks in which Greek citizens have deposited 25 billion euros in the last three years.
As it seems, even deposits of less than 100,000 euros are not fully secured until 2015 at least, neither in Greece and other eurozone countries, possibly not even in banks of some countries abroad. Especially when the Economic Crime Unit (SDOE) knows the foreign banks in which Greek citizens have deposited 25 billion euros in the last three years.
Along the same line, even European Commission president Jose-Manuel Barroso seems to have a radical view. During his visit to Moscow he told European ambassadors "the implementation of a fee on deposits even under 100,000 euros is legitimized in an emergency situation."
As a top member of the European Commission says to "THEMA", a State that is in great danger and decides a haircut (special taxes) on the deposits within the country can draft an intergovernmental agreement with one or two eurozone countries under certain conditions to include in the haircut citizens who have deposits in these countries.
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