Re:Billionaire Mike Novogratz says 10% of his money is in Bi...
by myth_drannon on Friday April 21, 2017 @10:56AM
(#14166122)
Cypress is a stable and prosperous country, but they had banks crisis and their bank savings were confiscated to prop up the banks.
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Re:Billionaire Mike Novogratz says 10% of his money is in Bi...
by pjc50 on Friday April 21, 2017 @11:25AM
(#14166366)
Cyprus is a country with a wall running across one corner of it which operated its financial industry as a tax haven, overbalancing the economy. Savings in excess of the insured level (€100k) took a cut (8% I believe).