Greek depositors may face 'haircut' of 30%
In what appears to be an inevitable scenario, Greek depositors are being warned a Cyprus-style haircut of “at least” 30 percent for deposits over 8,000 euros – about $8,900 – may be imminent.
The Greek banking system has been brought to its knees by the acute cash crunch, and the Greek government is desperately trying to [...]...
Published By: World Net Daily - Friday, 3 July, 2015
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