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Old 22-03-2013, 12:36   #1167
Damien
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Re: Eurozone will collapse...

Quote:
Originally Posted by Osem View Post
I know what you meant. I can't see how that option could be open to Cyprus given that the 100k deposit protection scheme is supposed to guarantee securtity for all investors below that amount, which would be the vast majority I'm sure.
The 100k can probably be swung. It's those in the minority who have huge amounts in the banks that would be the problem and a industry Cyprus presumably wants to keep....
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