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<blockquote data-quote="texan" data-source="post: 1108662" data-attributes="member: 38206">Residents rush to pull money from Cyprus banks as EU takes aim at Russian deposits<img src="http://i1166.photobucket.com/albums/q602/yoseft1/i-97r2PL2-S_zps5d5a7f55.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Cypriots rushed to pull their money out of banks and ATMs before the tiny Mediterranean nation’s&nbsp;government could finalize a plan to seize depositors’ funds to satisfy euro zone leaders, sparking&nbsp;a run that prompted banks to be&nbsp; closed until at least Thursday.The island nation’s leaders were huddling to come up with a way to soften the&nbsp; blow on average&nbsp;depositors, with one proposal targeting accounts with deposits&nbsp; above $130,000.&nbsp;The plan elicited an angry response from Russian President&nbsp; Vladimir Putin, whose nation’s&nbsp;oligarchs may have as much as $19 billion&nbsp; secretly deposited in Cyprus banks.Read more:&nbsp; <a href="http://www.foxnews.com/world/2013/03/18/cypriots-rush-to-pull-money-from-banks-as-eu-takes-aim-at-russian-deposits/#ixzz2NvYzdpSS" target="_blank">Residents rush to pull money from Cyprus banks as EU takes aim at Russian deposits | Fox News</a></blockquote>

[QUOTE="texan, post: 1108662, member: 38206"] [B]Residents rush to pull money from Cyprus banks as EU takes aim at Russian deposits [IMG]http://i1166.photobucket.com/albums/q602/yoseft1/i-97r2PL2-S_zps5d5a7f55.jpg[/IMG] Cypriots rushed to pull their money out of banks and ATMs before the tiny Mediterranean nation’s government could finalize a plan to seize depositors’ funds to satisfy euro zone leaders, sparking a run that prompted banks to be closed until at least Thursday. The island nation’s leaders were huddling to come up with a way to soften the blow on average depositors, with one proposal targeting accounts with deposits above $130,000. The plan elicited an angry response from Russian President Vladimir Putin, whose nation’s oligarchs may have as much as $19 billion secretly deposited in Cyprus banks. Read more: [URL="http://www.foxnews.com/world/2013/03/18/cypriots-rush-to-pull-money-from-banks-as-eu-takes-aim-at-russian-deposits/#ixzz2NvYzdpSS"]Residents rush to pull money from Cyprus banks as EU takes aim at Russian deposits | Fox News[/URL][/B] [/QUOTE]

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