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07:02 PM
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Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
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[quote:Anonymous Coward 657943:MV8yMTgxNDUzXzM2OTM2NTYxXzdDQTczQTdD] [quote:recollector:MV8yMTgxNDUzXzM2OTM2NDA4XzUyRTM0RjY5] "Despite those strictures, the Cypriot authorities are bracing for as much as [b]10 percent of the €64 billion [/b]on deposit in the country’s banks to be pulled out on Thursday". [/quote] if they can pull out 10% with the restrictions in place then they can pull out 10% every day (with slowdowns for weekend/closed bank days) for the next two weeks leaving zero cash in the cypriot banks at before the middle of next month no bank run? my hairy arse... [/quote]
Original Message
'A superhuman effort is being made' to open Cyprus banks on Thursday, says Panicos Demetriades, central bank governor - @BBCWorld
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