Bailout Closing: Cyprus & lenders agree on taxing deposits

Posted on March 24, 2013 by DRenegade

From YouTube:

Cyprus and international lenders have managed to strike a long-awaited agreement on taxing bank deposits of over 100-thousand euros held with the country’s biggest bank. Customers who keep large sums of money in other banks will also be forced to sacrifice part of their savings to the country’s ailing economy.

    
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Cyprus bailout to raid large deposits, massive austerity looms |
11 years ago

[…] Bailout Closing: Cyprus & lenders agree on taxing deposits […]

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