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Cyprus Popular Bank’s large deposit holders could face 80% cut

27.03.2013 13:06

Cyprus Popular Bank’s richest clients with uninsured deposits over €100,000 could get only 20% of their money, as the government eyes to wind down its operations, says Finance Minister Michalis Sarris.

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Comments (7) Sort by: Highest rating Oldest first Newest first

Anonymous user 28.03.2013 12:32

Eu taxpayers dont have a lot to loose in Cyprus, why should they bail them out. Russia didn't either

Anonymous user 28.03.2013 09:27

They should just quit dancing around and steal 100%. There will be a bank run regardless. Why not?

Anonymous user 28.03.2013 08:01

And they really think that the bodyguards will accept from boss that he couldnt get money outof bank

Anonymous user 28.03.2013 07:31

Waiting for the headlines next week of all the dead bankers and policy makers.

Anonymous user 27.03.2013 18:49

triad : "well, that's a decent enough sum for our protection money..."

Anonymous user 27.03.2013 15:58

Why stop at 100% ? Why not levy a levy on the levy for being Russian its only money.

Anonymous user 27.03.2013 14:34

The EU should go further still and confiscate 100% of ALL accounts. Must find ppl's breaking point.

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