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05:44 PM
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Breaking: Cyprus Banks maybe Closed until wednesday or till the end of the week if necessary Fear of Bank Runs
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 5847241:MV8yMTcwODA2XzM2NzAzNDU1XzIyNzZCRjc=] [quote:6EQUJ5:MV8yMTcwODA2XzM2NzAzNDM1XzU0N0RDQzcx] Relax folks, it's just a bank holiday [/quote] yea told that on you when the same thing happen in your country [/quote]
Original Message
[
link to www.welt.de
]
"Fear of a run on the banks: Cyprus government is the island's banks also hold still closed on Tuesday to forestall a run on the banks. This Cypriot state radio reported after the end of a cabinet meeting in Nicosia on Sunday morning.
The government would close the bank if needed to be longer, there should be no decision in Parliament on the controversial special levy on all bank accounts of the island, the report said. On Monday, the banks are closed for a holiday. "
[
link to translate.google.de
]
They are closing the Banks now until wednesday, and if needed longer just to prevent people from taking their money out and flashing the banks ...
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