Monday, March 25, 2013

16/03/2013 - Cyprus agreed one-off levy on deposits...

News update 16/03/2013

 

Cyprus agreed one-off levy of 9.9% to deposits in Cypriot banks above 100,000 euros and of 6.7% for deposits below 100,000 euros

 

Savers forced to bear costs in Cyprus bailout



Cyprus to apply staggered levy on deposits, tax deposit interest - source


Cyprus Debt. The perfect crisis and a way forward, - Excellent academic paper by Stavros Zenios published yesterday
(you can download the complete paper, about 30 pages, by clicking on the link at the bottom)

Αρθρο του Στερν για κυπριακό μνημόνιο εξηγεί το πείσμα συμμετέχοντων απόψε στο Eurogroup.
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