Tuesday, 23 June 2009

Haarde in Dublin: Ireland worse than Iceland | IceNews - Daily News
By Alex
What Geir says about the gaping flaw in the EU regulation model is 100% correct. A subsidiary is a local bank in every way except that it is owned by the foreign bank. It was the flawed idea of EU Commission burecrats give wrong features to applying EU pillar freedom of establishment idea to banks through branches concept and Directive 94/19/EC that made IceSave as big as it was: http://www.icenews.is/index.php/2009/06/08/politicians'-pride-angers-man-on-street/#comment- ...
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