Over the weekend, IMF, ECB and Cyprus banking officials agreed to a plan to swipe depositor's funds to pay for a bailout. Small depositors rush to get their funds out of banks. The mattress looks safer. Will this trigger a run on banks in other European countries?
More evidence that the Eurozone is a flawed monetary union.
What can they be thinking.
Germany remains confident in austerity.
One view of the decision:
Monday, March 18, 2013
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment