10 Oct 08

Slovenia Guarantees Deposits without Limit

Ljubljana _ Slovenia's Finance Minister Andrej Bajuk says the government will guarantee all private deposits in Slovenian banks without limits.
"From today all deposits are guaranteed in full... This decree is temporary as long as the situation will remain as it is," Bajuk told reporters.

Slovenia had guaranteed a limit of €22,000 for all private deposits in its banks until Tuesday when the European Union raised the minimum limit to €50,000.

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