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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (33027)11/1/2000 5:24:36 PM
From: pater tenebrarum   of 436258
 
the rate spread has narrowed somewhat lately, but it is still pretty big. in fact, i recently had to visit my bank over here as new EU regulations have blown a hole in Austrian banking secrecy regulations, and every savings book now has to be registered in the name of its owner. i was amazed at the ridiculously low interest paid on savings deposits here. it's approximately 2%, well below the official inflation rate. a.k.a. daylight robbery....
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