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Financial crisis
Deposit insurance limits
Amid the worst current financial crisis since the 1930s, some government leaders have pledged to protect savers’ deposits and others are considering this option. Already most OECD countries have explicit deposit insurance schemes for savings up to certain limits. In a number of countries these have now been raised temporarily. Until the latest statements suggesting unlimited guarantees in some countries, legal coverage was highest in Norway, France, Italy and Mexico (see graph). Click here for full story.
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