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Image header Agence Europe
Europe Daily Bulletin No. 10893
Contents Publication in full By article 14 / 34
ECONOMY - FINANCE - BUSINESS / (ae) cyprus

Will 50% of unsecured BoC deposits be raided?

Brussels, 22/07/2013 (Agence Europe) - Awaiting the results of an assessment of Bank of Cyprus (BoC) assets, due on Tuesday 23 July, the Cypriot government and the troika of lenders (European Commission, European Central Bank and International Monetary Fund) have been looking at budget matters, and a Cypriot Finance Ministry source commented: “Apart from the BoC issue the review on fiscal issues is still ongoing. No concrete results yet but, in general, I think we are on the right...

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