Denmark: Safeguarding financial stability supports Danish economy |
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Denmark's government reached a broad agreement with parliament on Sunday evening on a move to safe-guard the financial stability of the country. The main plank of the deal is a safety net that fully guarantees the claims of simple creditors on financial institutions in Denmark. In practice this means that all ordinary bank deposits are secure - not just amounts of up to DKK 300,000, as was previously the case. Thus, cus-tomers will enjoy the ultimate security for their deposits in Danish
Filed under: Fundamental
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