Categories
Economy

Euro, Stocks Dive As Cyprus Bank Run Follows Bailout Levy

REUTERS, BLOOMBERG Worldcrunch NICOSIA – Global markets tumbled Monday as new doubts spread about the solvency of the eurozone with the Cypriot government preparing to impose a new levy on bank deposits in order to qualify for bailout funds. Finance ministers in the eurozone Sunday had demanded that Cypriots pay up to 10% of their […]

Exit mobile version