Home » Archive

Articles tagged with: Cyprus

Stock Market Crashes »

Posted on 17 Mar 2013 | 2,121 views
Global Stock Market Collapse Begins as European Finance Chiefs Raid Personal Bank Accounts

The decision by the Eurozone to force bank depositors in Cyprus to contribute towards a bailout, a first in the Eurozone debt crisis, could hurt other peripheral nations, the Euro and the global stock market rally, analysts warned.

Stock Market Crashes »

Posted on 17 Mar 2013 | 2,023 views
European Leaders Seize Funds Directly From Bank Account Holders

European finance chiefs ordered an unprecedented raid on personal bank accounts. Up to 60,000 British savers are to lose thousands of pounds each as expats in Cyprus have their savings decimated in part of a painful bid to bail out the bankrupt island.