Cyprus bail-out: ‘Not everyone here is a Russian oligarch’

A Cypriot Central Bank official and a senior Finance Ministry technocrat, who
spoke to the Associated Press on condition of anonymity, said that deposits
over 100,000€ at the country’s largest lender will lose 37.5 per cent of
their value after being converted into bank shares.

Source Article from http://telegraph.feedsportal.com/c/32726/f/568301/s/2a28a1b1/l/0L0Stelegraph0O0Cnews0Cworldnews0Ceurope0Ccyprus0C99625390CCyprus0Ebail0Eout0ENot0Eeveryone0Ehere0Eis0Ea0ERussian0Eoligarch0Bhtml/story01.htm

Views: 0

You can leave a response, or trackback from your own site.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes