Why the Cyprus bailout could trigger a disastrous run on banks
Choudhury • 12 years agoIf Europe suddenly experience a good old-fashioned bank run. That could be a disaster for Europe and its trading partners. It wouldn't be good at all for the Indian economy.
Extra security, limits on transfers as Cyprus banks prepare to reopen
Fp Archives • 12 years agoNew controls will include restrictions on large-scale transfers from the country's two largest and most troubled lenders, Bank of Cyprus and Laiki.