Acceso usuarios
INDIRA PURI
The article discusses how the bank levy imposed by the Cyprian government on deposits above 100,000 euros may drive depositors away and its appeal as a financial center diminish after policies implemented during the crisis. It notes that while the Cyprian government stated the levy is a one-time policy, foreign depositors are doubtful since Cyprus did not offer any reason why the levy is an extraordinary exceptional policy. It suggests that foreign deposits may likely decrease in the country
