Savers in Cyprus have been told that a proportion of their money in the bank is going to be taken from them. Their government agreed to do this as part of a $13bn loan they secured in Brussels. The country's president is preparing to make an emergency statement on Sunday to try and calm investors' fears
That's why tons of people in Cyprus had withdraw their money in banks. I wonder how the EU is helping Cyprus in solving this crisis.
ReplyDeleteeconomic problems