Thread: Cyprus resists?
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Old 2013-03-22, 11:02   Link #20
willx
Nyaaan~~
 
 
Join Date: Feb 2006
Age: 40
^ You do understand that as a depositor, beyond your deposit insurance, you're basically a junior unsecured claim against the bank right? Cyprus got bullied a bit by the EU, pushed back and they will eventually negotiate something slightly more palatable.

The big mistake hurt was an attempt by the EU to get the government of Cyprus to void its own deposit insurance limits.
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