DailyMarkets.com - Financial Market Critical Event
DailyMarkets.com - Financial Market Critical Event |
Financial Market Critical Event Posted: 27 Mar 2013 01:25 AM PDT The introduction of capital controls in a modern western country is the crossing of the line in the sand. Before Cyprus the words that held the market up were ‘we will do what ever takes’ and that was to be understood to be with ECB monies. Now, post Cyprus, it can include part of all depositors’ cash. The Eurozone officials are saying that Cyprus is a special case due to Tax haven this and that, and it the Cyprus model will never be used with other Eurozone countries, and the first … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards |
Central Bank News Link List – Mar 27, 2013: Cyprus Capital Controls First In EU Could Last Years Posted: 27 Mar 2013 01:11 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. Cyprus capital controls first in EU could last years (Bloomberg) |
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