Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Er - how did the banks lose €68bn in deposits?

Is there a breakdown of lending and other payments anywhere?

And I suppose it's worth pointing out that only two banks are in trouble, but the Troika appear to have decided that for some reason this means the entire economy of Cyprus is in danger of total collapse.

It would be a bit like the Bank of England taking money from all domestic British depositors because Northern Rock was in trouble.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Mar 19th, 2013 at 08:42:18 AM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4


Top Diaries

Occasional Series