Bank of Cyprus cuts deposits over 100K-euro by 47.5%
29 July, 16:49 (ANSAmed) - NICOSIA, JULY 29 - The Cypriot government on Monday announced depositors at the country's biggest lender will lose 47.5% of their accounts over the 100,000-euro…
Co-op rumour spreads panic : Cyprus
Co-op rumour spreads panic By Stefanos EvripidouPublished on April 6, 2013 THE GOVERNMENT, Central Bank and Cooperative Movement rushed to calm fears of a new raid on bank…
New Zealand planning account seizures?
Tuesday, 19 March 2013 The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund…
New EU Plan: Steal Bank Accounts from people
Monday, 18 March 2013 The surprise decision by euro zone leaders to part-fund a bailout of Cyprus by taxing bank deposits sent shockwaves through financial markets on Monday, with…
The decision to raid people’s savings to fund a bail-out for Cyprus sets a “worrying precedent” that could jeopardise the European economic recovery, financial experts have warned.
EU raid on savings to fund bail-out for Cyprus 'threatens recovery' By Robert Winnett, and Tom Whitehead 10:00PM GMT 17 Mar 2013 The island’s government has announced that, following pressure…
Cyprus Bail-Out Unfair, short-sighted and self-defeating: Will anyone ever put their savings in a Eurozone Bank again ?
Unfair, short-sighted and self-defeating Mar 16th 2013, 14:54 by A.P. IT IS not a fudge, but it is still a failure. The euro zone’s bail-out of Cyprus, which was sealed…
You must be logged in to post a comment.