CYPRUS FINANCE MINISTER: UNINSURED LAIKI DEPOSITORS COULD FACE 80% + HAIRCUTS…(Get Prepared AmeriKans!!)

Wednesday, March 27, 2013
By Paul Martin

SilverDoctors.com
MARCH 27, 2013

Cyprus’ Finance Minster has now officially confirmed that Laiki depositors with over 100,000 euros in Cypriot banks face at least 80% haircuts, and stated that realistically, very little will be returned.

Now that news has circulated that Russian oligarchs were able to withdrawn billions over the past week when Cypriot banks were closed, we suspect Cypriots are not likely to take this latest news of 80% + haircuts for Laiki customers well.

The Rest…HERE

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