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March 27th, 2013 
FAKE NEWS for the Zionist agenda According to a report released by the Cyprus News Agency (CNA) on Wednesday, the BoC board and the executive vice-president of the bank Yiannis Kypri were dismissed following an order by the country’s international lenders.
Reports say that the decision was part of a restructuring deal within the EU bailout.
Nicosia secured a 10-billion-euro (USD-13-billion) bailout deal on Monday, March 25, from the European Union (EU), the European Central Bank (ECB) and the International Monetary Fund (IMF), which included a tax of up to 40 percent on deposits of over 100,000 euros in the country’s two biggest banks namely the Bank of Cyprus and Laiki Bank aka Cyprus Popular Bank.
Cypriots have held many demonstrations against the bailout deal, which they say makes “no economic sense” and would push the nation into a deep recession and higher unemployment.
MAM/JR
Source Article from http://www.presstv.ir/detail/2013/03/27/295438/cypriot-central-bank-ousts-boc-board/
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