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Just When You Thought it Was Safe; The Euro-zone Crisis
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 406 no. 8828 (Mar. 2013)
,
page 14.
Topik:
International Finance
;
Bailouts
;
Economic Planning
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.76
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Even by the standards of European policymaking, the past week has been a disaster. In the early hours of March 16th, nine months after Cyprus first requested a bail-out, euro-zone finance ministers, led by the Germans, offered a EUR 10 billion ($13 billion) deal, well short of the EUR 17 billion needed. Who ordered whom to do precisely what is not clear, but the Cypriots then said they would raise a further EUR 5.8 billion by imposing a levy on depositors--of 9.9% on savings above the EUR 100,000 insurance-guarantee limit, and 6.75% for deposits below it. Chaos ensued, not least among the many Russians (reputable or not) who have parked their money in the lightly regulated island.
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