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I don't get all this stuff about the bank guarantees. UK is kicking up a fuss because Ireland and now Germany have raised the levels that they will guarantee but it wasn't standardised before was it? I mean they all seemed to offer different levels of protection and no-one seems to complain and no-one batted an eyelid when the UK raised its levels earlier in the year - why is it suddenly wrong when other countries raise theirs? Or am I missing something?
There were EU-wide minimum and maximum levels agreed, I think.