Posted On: 03/17/2013 8:22:53 PM
Post# of 63742
Cyprus Rescue Risks Backlash
The euro zone took the unprecedented step of taking a bite out of depositors' accounts in Cypriot banks to help pay for its bailout of the island's financial system, a high-risk decision that could erode savers' confidence across the currency bloc and add to popular anger over its handling of the crisis.
- Markets Cast Wary Eye Toward Bailout
- Heard: New Challenge on Euro Zone
- Live: Europe's Debt Crisis Stream
- Markets Cast Wary Eye Toward Cyprus Bailout
- Simon Nixon: Euro Zone Moving Into Twilight Zone
- Cyprus Aims to Stem Depositors' Pain
- Heard on the Street: Cyprus Deposits a New Challenge on the Euro Zone
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