6:06 AM
cyprus
Unknown
Depositors in Cyprus will have portions of their deposits seized. This to pay part of the bailout tab. The deposit insurance threshold is used to determine the amounts.
Link to the businessinsider.com story:
Business Insider
http://www.businessinsider.com/cyprus-bailout-risks-europe-bank-runs-2013-3?utm_source=zite&utm_medium=referral&utm_term=zite&utm_content=app
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Business Insider
http://www.businessinsider.com/cyprus-bailout-risks-europe-bank-runs-2013-3?utm_source=zite&utm_medium=referral&utm_term=zite&utm_content=app
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Sent from Zite, available for free in the App Store.
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