The Spark that can cause a Euro Run on Banks?

Facing Bailout Tax, Cypriots Try to Get Cash Out of Banks

By LIZ ALDERMAN

Published: March 16, 2013  Read Whole Story


 

The move — a first in the three-year-old European financial crisis — revived fears of bank runs elsewhere in the euro zone, especially after a top European official on Saturday declined to rule out similar measures on depositors in countries beyond Cyprus.

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