The Traderszone Network

Published in TZ Latest News 6 July, 2015 by The TZ Newswire Staff

As A Reminder, This Is What Capital Controls In Cyprus Looked Like

A week of capital controls apparently wasn’t painful enough to compel the majority of Greeks to concede to more austerity. In the run up to the referendum, preliminary polls had the “no” votes losing ground to the “yes” camp, a situation which quite a few commentators suggested was the direct result of Greeks’ willingness to fold if it meant regaining access to their cash and taking the prospect of a depositor bail-in off the table.

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