The EU Bail-In Directive: Dark Clouds Are Gathering
![The EU Bail-In Directive: Dark Clouds Are Gathering The EU Bail-In Directive: Dark Clouds Are Gathering](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/c876611af15577266ecdb3f9dd792ee6-1015x639.png?itok=D0yXifxp)
Submitted by Pater Tenebrarum via Acting-Man.com,
Portugal’s Rickety Banking System
After the unseemly bankruptcy of the Espirito Santo Group and the associated bank, then Portugal’s second biggest (likely a result of not praying enough, see: “Big Portuguese Bank Gets Into Trouble” and “Fears Over Banco Espirito Santo Escalate” for the gory details), Portugal’s state-run deposit insurance fund basically ran out of money.