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Banks' cash under the mattress is a wake-up call

When you have just withstood a frightening earthquake, it may be hard to remember the importance of maintaining precautions against other disasters.

Uncomfortable times: Banks cannot rest easy if they are forced to keep cash in their vaults
Uncomfortable times: Banks cannot rest easy if they are forced to keep cash in their vaults Photo: Getty Images

When you have just withstood a frightening earthquake, it may be hard to remember the importance of maintaining precautions against other disasters.

But if there is relief in the European Union at the UK referendum result, the people of Europe must not forget that they face other decisions, on other issues, that are every bit as important for their prosperity and stability.

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