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Store vanskar i trafikken etter stormen i natt Read more. The proposal, which has been in the works since the beginning of this year, comes less than two months after a run on deposits at Banco Popular contributed to the collapse of the Spanish lender.
Available editions United Kingdom. The Spanish authorities, the main political parties and the government have repeatedly declared that the separation of a part of Spain from the national territory is illegal. Under the plan discussed by EU states, pay-outs could be suspended for five working days and the block could be extended to a maximum of 20 days in exceptional circumstances, the Estonian document said. But radical downsizing has also had a corrosive effect. Precipitation now radar Cloud cover satellite Current observations.
It also come amid a bitter wrangle among European countries over how to deal with troubled banks, roughly a decade after a financial crash that required the European Central Bank to print billions of euros to prevent a prolonged economic slump. EU countries which already allow a moratorium on bank payouts in insolvency procedures at national level, like Germany, support the measure, officials said. Discussions were due to continue in September.
Approval of EU lawmakers would be required for any final decision. Under the plan discussed by EU states, pay-outs could be suspended for five working days and the block could be extended to a maximum of 20 days in exceptional circumstances, the Estonian document said.