Romanian Depositors Move Savings To Larger Banks After Cyprus Bailout Deal

03.28.2013 By Florentina Dragu

Unsettling details about the Cyprus bailout deal, which taxed large savings and saw the nation’s second-biggest bank dismantled, along fears that the terms might be applied to future rescue plans are prompting Romanian depositors in small banks to move their money to larger financial institutions.

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Keywords:
RAIFFEISEN BANK
, DEPOSITS
, CYPRUS