The relevation of the Cyprus bail-in spreading

“Today is normally a day of joyful celebration in Greece, remembering the push for independence from Turkey in 1821, with military parades and a public holiday.

Except that many are eyeing the plight of their Cypriot cousins who have just had to bite the financial bullet, and wondering if after a long recession worse is yet to come for them.

“If you can’t trust a bank with your money, then what do you do? You don’t put it somewhere where someone could grab it to help bail out the country…” Here is a direct video report link.

This entry was posted in Main Page. Bookmark the permalink.