Where can I place my savings in to limit my exposure to the risk of European bank failures and sovereign debt defaults?
After looking at this stunning Euro Zone Bank Stress Test tool provided by Reuters, I see the danger and the hight level of interconnections that exists among Banks in EU. The actual scenario ...
What is the risk of having 100k euro in accounts in Greek banks and Cypriot banks? Is there a guarantee? I assume that the state guarantee for deposits doesn't hold when a country defaults.
Will I still be able to withdraw from my bank account if the U.S. defaults?
Given that the whole Greece saga has played out for a few years now -- and that most speculation is that Greece will default at some point -- if they finally do default, will it be mostly symbolic? ...
What effect would sovereign default of a European country have on personal debt, especially a mortgage?
I live in a eurozone country that a lot of people think will soon default or restructure its debt. My family has a savings account in a bank here. A similar question has been asked before, but it ...