The European Commission is running a conference this
week about financial inclusion and the unbanked. According to the
Commission, almost half of all of the citizens of the EU10 – Poland, Hungary,
Czech Republic, Slovakia and other recent joiners, but not Bulgaria and Romania
– have no bank account.
According to their research, 47% of the EU10 adult population are unbanked,
compared with only 10% in the EU15 (France, Germany, Italy, Spain, UK …).
The conference is all about establishing rights for citizens to get basic
financial matters covered, such as a "right of all citizens to a transaction
bank account" and "a defined minimum package of transaction bank services".