European Finance Ministers Talk Tough About Bank Bailouts. Does It Matter? – Daily Beast
 CNBC.com (blog) |
European Finance Ministers Talk Tough About Bank Bailouts. Does It Matter?
Daily Beast Yesterday, the head of the EU group of finance ministers dropped a bombshell on markets. Cyprus, noted Jeroen Dijsselbloem, was the new model for bank bailouts in the eurozone–which is to say, there won't be any. If your bank goes under, the … EU finance ministers approve Cyprus bailout deal, funded by bank assets seizure Cyprus finance minister: Big depositors could lose 40% of their savings Cypriot finance minister says banks to reopen Thursday |
