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30 million Europeans have no bank account
(KUNA) -- Michel Barnier, EU Commissioner for Internal Market and Services, presented Monday proposals to promote access to a basic payment account for European consumers.He told a presser that access to a bank account has become a pre-condition for participating fully in the economic and social life of a modern society and the use of cash is rapidly decreasing. Barnier noted that around 30 million consumers over the age of 18 in the European Union ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... do not have a bank account. If you don't have a bank account then the government actually has to track you down to take your money from you. Neither can the bank make a profit from you with monthly fees whether you spend anything or not. He said the proposals aim to boost the ability for all European citizens to have a basic bank account, and secondly the ability for all bank customers to really clearly understand where they stand when it comes to bank fees and charges seen on their bank. Posted by: Fred 2011-07-19 |
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