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The way I read it, all their money in the second largest bank (above EUR 100K) is on hold, until all the loans, and investments are unwounded. http://www.reuter
by OGinparadise 14y ago
The way I read it, all their money in the second largest bank (above EUR 100K) is on hold, until all the loans, and investments are unwounded. http://www.reuters.com/article/2013/03/25/cyprus-resolution-idUSB5E8KL01220130325 http://www.reuters.com/article/2013/03/25/cyprus-resolution-... No one really knows how much they'll get back. That's a lot of uncertainty, they essentially screwed one bank's customers over and sent the insured accounts to another.