Cyprus Central Bank: Finance minister has ordered all banks to remain closed until Thursday

extra extra newspaperBank of Cyprus to cut up to 40% off deposits over €100,000

March 25, 2013 10:39

Depositors in the Bank of Cyprus, the biggest bank on the island, will reportedly lose from 30 to 40 per cent on their holdings above 100,000 euro as result of a bailout agreement which Cyprus and the troika of international backers signed on Monday.

EU finance ministers approve Cyprus bailout deal, funded by bank assets seizure:

Central bank heist is like old-school train robbery

Published on Mar 25, 2013 Watch the full Keiser Report E423 on Tuesday. In this episode of the Keiser Report, Max Keiser and Stacy Herbert the new world order called Yes, No, Maybe in which secret downgrades and confiscation plans are certain only to a few insiders whilst chaos and confusion reigns for the rest of […]Read more of this post