Quote:
Originally Posted by danielf
100,000 euros. Which is why (currently) the plan is for a levy on savings over 100,000 eurors.
Well, if you go to the cashpoint to withdraw some cash and the bank doesn't have any, you've got a problem don't you.
Out of interest: Does anyone know what would happen if Cyprus decide to go bankrupt and quit the euro. I would imagine any banking guarantees would be void, and the whole of Cyrpus would stand to lose their savings, or am I missing something>
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Clearly your understanding is better than mine. My bad.