Dijsselbloem: Cyprus Deal Is A Template - Business Insider

Dijsselbloem: Cyprus Deal Is A Template - Business Insider 

We see markets tanking and there may be bank runs as well. The weaker Euro banks could be subject to the Cypriot Template. That means, you take the cash of the uninsured depositors. That can't be lost on the elderly and the companies who have excess money in these banks of Italy, Spain, Etc.

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