Your account is not covered by any government - backed deposit insurance scheme. (swissbankinyourpocket.com)
«Recent progress in risk reduction should be matched by steps towards risk sharing through a credible common fiscal backstop for the Single Resolution Fund and the introduction of a European deposit insurance scheme,» the ECB said. (reuters.com)
Germany and other northern European countries see the cleaning up of euro zone banks» balance sheets as a necessary precondition to a pan-European deposit insurance scheme. (breakingviews.com)