Question

All banks located in the European Union offer deposits that are insured for __________ Euros, although depositors are subject to a _________________ in the event of loss.
A. 100,000; 2.5% insurance premium
B. 50,000; 95% recovery rate
C. 50,000; 10% deductible
D. 45,000; 5% fine
E. 75,000; 90% recovery rate

Answer

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