News Headline Summary
Cyprus has negative implication for EU bank creditors, according to Moody's
- Cyprus move may hurt bank ratings across Europe.
Reaction details (20:03)
- No reaction seen across the board.
Analysis details (20:04)
- Euro zone leaders and Cyprus agreed on Saturday that depositors should be taxed up to 10% - 6.7% on amounts below EUR 100,000 and 9.9% on figures above that - to raise EUR 5.8bln and be eligible for an international bailout.
17 Mar 2013 - 19:47
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts