Thursday, March 28, 2013
Cyprus reopens banks as eurocrats grip island's economy
From RussiaToday
Banks have re-opened in Cyprus, allowing access to savings for the first time in almost two weeks. There's little relief for cash-strapped citizens though, with severe restrictions imposed on how much money they can withdraw. The limits are set to prevent a bank run, making Cyprus the first Eurozone nation to introduce capital controls.
EU Looting Private Accounts Now Called "Bank Restructuring"
From TheAlexJonesChannel
The looting of private bank accounts to cover the gambling losses of big banks is a new template for the euro zone, according to Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem.
Subscribe to:
Posts (Atom)