Wednesday, March 27, 2013

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)
Indonesia panel approves Martowardojo as central bank governor (Bloomberg)
EU, central bank at odds over Cyprus rescue as model … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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