The Icesave bank of Iceland; from Rock-solid to Volcano Hot: Is the EU Deposit Guarantee Scheme Resisting Financial Meltdown?
The Icelandic internet bank Icesave went bankrupt in late 2008. The insufficient Icelandic deposit guarantee scheme (Tryggingasjóður) did not resist the Icelandic financial meltdown and failed to compensate British and Dutch depositors the guaranteed sum of €20,887 as settled in Directive 94/19/EC,...
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| Format: | Article |
| Language: | English |
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University of Zagreb, Faculty of Law
2010-12-01
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| Series: | Croatian Yearbook of European Law and Policy |
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| Online Access: | https://www.cyelp.com/index.php/cyelp/article/view/106 |