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View Diary: Bank Run in Cyprus, Will it Spread to Southern Europe? (322 comments)

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  •  All Account Activity Stopped (6+ / 0-)
    MOSCOW, March 17 (RIA Novosti) – The Central Bank of Cyprus has ordered all national banks to suspend operations at both domestic and foreign offices, a Cypriot news website reported on Sunday.
    Cypriot website 24h said it has obtained a confidential Central Bank letter calling on Cypriot banks on Saturday to stop all form of payments from their accounts, even those that were from one account at the bank to another.

    Be the change you want to see in the world. -Gandhi

    by DRo on Sun Mar 17, 2013 at 11:20:54 AM PDT

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