Episode 904 • • 1:34:53 - 1:37:33
904: Reich 4.0
European Account Preservation Order, Cross-Border Debt Recovery
EU Regulation 655, the European Account Preservation Order (EAPO), went into effect to facilitate cross-border debt recovery. This regulation allows creditors in one member state to block funds in a debtor's bank account in another member state without a prior court hearing in the debtor's country.