The new directive raises the coverage level to a minimum of EUR 50 000 as from 30 June 2009, sets the coverage level at EUR 100 000 as from 31 December 2010, and reduces the payout delay to 25 working days.
The new directive raises the coverage level to a minimum of EUR 50 000 as from 30 June 2009, sets the coverage level at EUR 100 000 as from 31 December 2010, and reduces the payout delay to 25 working days.
The new directive will enter into force on the third day following that of its publication in the Official Journal of the European Union.
Press release
© Council of the European Union
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