Should savings protection be expanded?
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In the United States (US) there has been a lot of activity in recent weeks regarding savings protection. After all, it is essential to maintain the trust of savers. In our country, too, deposits are protected to a certain level. Uncertainty about the financial health of banks raises the question of whether the deposit guarantee scheme should be expanded.
Why is this important?
In Belgium, savings up to 100,000 euros are protected per financial institution and per person. If there are two account holders, this protection increases to €200,000.Do you want to stay informed of everything that is happening in the financial world? Nils Silence, a journalist with a passion for money, follows it all closely. during this link You can subscribe to the weekly newsletter.
review: Conflicting statements from Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen put pressure on Wall Street late this week.
- The Federal Reserve on Thursday night, as v
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