Monexnews-Cyprus, the European Union and the INTERNATIONAL MONETARY FUND has approved a proposal to assist Cyprus to help provide a solution to the Cyprus and the country's financial sector, said an officials from the European Union on Monday.
The Proposal, which will be discussed at a meeting of European Finance Ministers, will involve the classification "good" bank and a "bad bank", which means the closure of Popular resulted in the Bank of Cyprus, known as the "Laiki". CAR INSURANCE
Deposits under the 100,000 Euros at the Laiki is transferred to the Bank of Cyprus. Deposits under 100.00 Euro, which under Eu rules do not get bail, will be frozen and will be used to resolve the debt. It is still not clear until when will apply.
A European Union spokesman said no tax savings aka nada imposed by perbankanCyprus.
(AR)
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Title Post: CAR INSURANCE Cyprus and the European Union agree upon the Proposal Help
Rating: 100% based on 99998 ratings. 5 user reviews.
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Rating: 100% based on 99998 ratings. 5 user reviews.
Author: Unknown
Thank you for your coming
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