Quote:
Originally Posted by RFremont
Where is the link of the bloggers commenting on what percentage of Laiki can be recovered?
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Use Google:
"Laiki Bank will be wound up and its €4.2bn in deposits of more than €100,000 will be placed in a "bad bank", meaning they could be wiped out entirely.
Smaller deposits at Laiki will see their accounts transferred to the Bank of Cyprus."
"Laiki Bank's UK (three branches in London and one in Birmingham): UK deposits under E100k are safe, but Laiki Bank UK deposits over E100k will be frozen and may be lost."
And most importantly: No decision yet on Cyprus bank reopening: Central Bank
http://www.globalpost.com/dispatch/n...g-central-bank
So at the moment: who got less than €100k is "safe" but can not get the money until they decide they wish to give. Who got more than €100k may be given a candy (shares of failed bank) in 2018.