Monday, March 25, 2013

DailyMarkets.com - Central Bank News Link List – Mar 25, 2013: Last-minute Cyprus Deal To Close Bank, Force Losses

DailyMarkets.com - Central Bank News Link List – Mar 25, 2013: Last-minute Cyprus Deal To Close Bank, Force Losses


Central Bank News Link List – Mar 25, 2013: Last-minute Cyprus Deal To Close Bank, Force Losses

Posted: 25 Mar 2013 01:25 AM PDT

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Last-minute Cyprus deal to close bank, force losses (Reuters)
Hungary set for record low rates as Matolcsy takes over (Bloomberg)
(Taiwan) central bank to keep interest rates steady: HSBC (Taipai … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

More Of The Usual Eurocrisis Drama

Posted: 21 Mar 2013 12:48 AM PDT

So the Cypriot parliament has rejected the terms of the Troika’s rescue deal. Their finance minister is in Moscow and there were stories floating about that the quid pro quo for a Russian rescue of Cyprus would be a Russian naval base (via Business Insider). Should the EU and NATO be concerned?

I don’t think so. The Russians had a chance to expand their geopolitical footprint in November but they passed. Here is what I wrote back then (see Europe dodges another bullet (Not the Catalan … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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