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Hudson, South Dakota | Cyprus clinched a last-minute solution to avert imminent financial meltdown early Monday after it agreed to slash its oversized banking sector and use funds raised by seizing bank assets from large deposit holders -- which in some cases could amount to 40 percent -- in troubled banks to secure a 10 billion euro ($13 billion) bailout
http://www.foxnews.com/world/2013/03/25/cypriot-leaders-creditors-s...
The party rolls on;
Stocks on Wall Street edged higher in morning action on Monday after negotiators reached a deal to keep Cyprus afloat with a financial bailout and avert the country’s possible exit from the euro zone.
http://www.nytimes.com/2013/03/26/business/daily-stock-market-activ... | |
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Cyprus is saved-let the good times roll!!!
