TITLE

Eurozone Signals Bank Deposit Grabs In Play After Cyprus

AUTHOR(S)
JASON MA
PUB. DATE
March 2013
SOURCE
Investors Business Daily;3/26/2013, pA01
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The Cyprus rescue and a top European official's comments signal rich eurozone governments are ending their support for troubled banking sectors, which now face greater bank-run risks as additional deposit seizures loom.
ACCESSION #
86382927

 

Related Articles

  • Bid to calm eurozone's Cyprus panic. Nicholas Cecil // Evening Standard;3/26/2013, p10 

    EUROPEAN banking chiefs rushed today to play down fears that, as in Cyprus, savers in other eurozone countries could see their deposits raided to fund bailouts.

  • Eurozone savers 'won't be raided to fund bailouts'. Nicholas Cecil // Evening Standard;3/26/2013, p25 

    EUROPEAN banking chiefs rushed today to play down fears that, as in Cyprus, savers in other eurozone countries could see their deposits raided to fund bailouts.

  • Cyprus Deposit Tax Sets Precedent For Future Bank Woes. JASON MA // Investors Business Daily;3/19/2013, pA01 

    The smallest eurozone bailout yet is producing one of the most drastic solutions, with a proposed tax on deposits in Cyprus raising fears of bank runs elsewhere in Europe.

  • The EU gave the ECB. Investor's Business Daily // Investors Business Daily;3/20/2013, pA02 

    The EU gave the ECB the authority to oversee eurozone banks, but the surprise bank deposit tax in Cyprus' bailout shows that the region is a long way from banking union and shared guarantees.

  • Cyprus springs a leak. Kirkby, Andrea // Credit Management;May2013, p38 

    The article focuses on the impact of the Eurozone debt crises on the banking sector of Cyprus.

  • Some ideas. All the stocks that Buffett isn't dumping.  // In Search of the Perfect Investment;4/3/2013, p1 

    The article offers information on several topics related to stocks in the U.S. It mentions that depositors will pay 6.75 percent of their deposits as a result of Eurozone's proposal after a bailout of the declining banking system in Cyprus. It cites that the state insurance systems in the U.S....

  • In light of "Cyprus," are eurozone uninsured bank deposits vulnerable?  // International Economy;Spring2013, Vol. 27 Issue 2, p39 

    The article offers the insights of 17 noted thinkers including Robert Johnson of Soros Funds Management, Jim Glassman of JPMorgan Chase, and Edward N. Luttwak of Center for Strategic and International Studies on the Cyprus banking crisis and vulnerability of uninsured bank deposits in eurozone....

  • Taking the Eurozone crisis to court.  // Lawyer (Online Edition);7/24/2014, p2 

    The article reports that group of 51 depositors have filed a lawsuit against the Eurogroup of Eurozone finance ministers. The depositors lost money deposited by them in the banking industry of Cyprus. The investors were shocked in 2013 when they learnt that the government had agreed to a haircut...

  • ARE BANKS IN EURO AREA "TOO BIG TO SAVE"? PANDEY, MANISH K. // Business & Economy;Apr2013, Vol. 8 Issue 4, p34 

    The article discusses the impact of the Eurozone bailout to prevent the Cyprus banking system from further collapse. It notes that Cypriot president Nicos Anastasiades is left with no choice as the country's banking system urgently needs to recapitalize. It reveals that Cyprus negotiations with...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics