It’s Your Money But You Can’t Have It: EU Proposes Account Freezes to Halt Bank Runs

  BY ANDREW CHEETHAM ON 30 JULY 2017 GMT 

If there is a run on the bank, any bank in the EU, you better be among the first to get your money out.

Although it’s your money, the EU wants to Freeze Accounts to Prevent Runs at Failing Banks

Read more: It’s Your Money But You Can’t Have It: EU Proposes Account Freezes to Halt Bank Runs

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