Lowe
Uncertain Cypriot Situation Still Overhanging Markets
March 19, 2013
Despite talk of fine-tuning the proposed Cypriot levy on bank deposits, uncertainty in this area and the risk of copy-cat actions elsewhere in the euro area continue to worry investors worldwide. A hope exists that small depositors may be exempted, but then big deposits would be penalized more heavily than proposed initially. The Cypriot parliament […] More
