Is Spain Preparing For Its Own Deposit "Levy"?

While Spain’s economy minister Luis De Guindos proclaimed in the Senate today that bank deposits under EUR100,000 are “sacred”and that “Spanish savers should stay calm,” Spain, it would appear, has changed constitutional rules to enable a so-called ‘moderate’ levy on deposits – as under previous…

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Is Spain Preparing For Its Own Deposit "Levy"?

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