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

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.

Source: http://ift.tt/2tRsIXM

‘Counter-sanctions possible, trade war between EU & US would be very bad’ – German economy minister

Speaking to ARD television, Brigitte Zypries warned of a trade war between the European Union and the United States. She also said that new US sanctions may harm German companies and hamper Berlin’s ties with Washington.

Source: http://ift.tt/2u7oZ7w