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Flatulo

(5,005 posts)
10. Another case of banks getting caught up in Greek bond market derivatives and getting
Sat Mar 23, 2013, 09:40 AM
Mar 2013

scalped. Now they need to be made whole again.

Note that it's not the Cypriot banks that are calling for this - it's the EU. The money ministers demand a certain level of capitalization of member states' banks.

So far the Cypriot parliament has rejected this measure, but it's not going to go away.

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