Co-op rumour spreads panic By Stefanos EvripidouPublished on April 6, 2013 THE GOVERNMENT, Central Bank and Cooperative Movement rushed to calm fears of a new raid on bank deposits yesterday after rumours, texts and reports circulating spread panic… Read More ›
Cooperative banking
Cyrpus : Friday saw a run on the country’s cooperative banks – Trust in the system may not return
Cypriot presidency in calm call © Photo: Peter Nicou for the Voice of Russia The Cypriot authorities including the Central Bank and the presidency have called on the people to ignore financial panic mongers and stay calm. Friday saw a run… Read More ›