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Russia: Cyprus deal is theft, Kremlin may freeze German assets
According to the Telegraph the Kremlin is considering freezing German assets in Russia as payback for the bailout deal.
DIJSSELBOOM: Eurogroup President Spooks Markets By Saying Cyprus Deal Is A New Template
Today, in an interview with Reuters and the Financial Times, Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem said that the Cyprus deal will serve as a template for future bank restructurings in the euro zone.
Originally posted by loam
Of course, this doesn't help very much...
DIJSSELBOOM: Eurogroup President Spooks Markets By Saying Cyprus Deal Is A New Template
Today, in an interview with Reuters and the Financial Times, Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem said that the Cyprus deal will serve as a template for future bank restructurings in the euro zone.
Can you hear the sucking sound now? Why would anyone outside the Eurozone keep deposits there?
It occurs to me that maybe Europe just saved the US.
That thing Diesel-BOOM very, very clearly said earlier? He did not say it. After all, can't have the market getting any ideas that reality may be slowly coming back to the basket case that is Europe:
EU DIJSSELBLOEM SPOKESWOMAN: DIJSSELBLOEM DIDN'T SAY CYPRUS A TEMPLATE FOR BANK RESTRUCTURINGS - DOW JONES
So not only are European depositors still impairable, because sadly Dijsselbloem was dead serious in his Reuters interview, but the new Eurogroup head pulled a Juncker and confirmed "it is serious" in the process losing all credibility too.