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20 July 2010

Deposit guarantee fund schemes will cost Italian banks 8 billion euro


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The proposal to create a Fund for deposit guarantee schemes, made by EU Commissioner Michel Barnier last week, would require Italian banks to contribute with 8 billion euro, two thirds of which payable by 2014.


The proposal to create a Fund for deposit guarantee schemes, made by EU Commissioner Michel Barnier last week, would require Italian banks to contribute with 8 billion euro, two thirds of which payable by 2014. 
 
 




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