The Cyprus banking crisis and its aftermath
Depositors in Cypriot banks lost billions when savings were confiscated to protect the island’s banking system in 2013, in a process known as a bail-in.
| Creator | Time | URL |
|---|---|---|
Ruth Levush | 5min |
Takeaway Regular depositors were forced to pay with their bank funds for excessive risk-taking behavior by a couple of Cyprus banks.
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