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Currencies  |  March 26, 2013 07:14:52

As for the crisis to pass on Cyprus Czech crown?

Averted bankruptcy Cyprus is the main currency pair strongly signed and the euro against the U.S. dollar also traded on the rates of 1.3 EUR / USD. Czech currency is driven by the power of the euro and the statements of representatives of the CNB. As in the current situation the crown trade, advises Miroslav Plojhar from the Czech Savings Bank.

Interview with Miroslav Projharem see on Investment Site

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Background legal tax deposits: Cyprus scenario in Britain and the U.S.?

Background legal tax deposits: Cyprus scenario in Britain and the U.S.?

Events surrounding an unprecedented proposal to tax Cypriot bank deposits are increasingly beginning to resemble the Czechoslovak currency reform in the 50th years. With the same obstinacy with which they had just 36 hours before the currency reform Zápotocký president claimed that this is not an option, we currently European politicians assured that Cyprus is the first and last countries that tax deposit applies. What if everything is different and there is a similar scenario elsewhere than on an island in the Mediterranean Sea?

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