The Times reported thus (March 14 “Ideas for making Cyprus’s debt sustainable have ranged from privatisations and securitising potential natural gas reserves to more extreme scenarios – ruled out by Nicosia – of depositors in Cypriot banks helping to pay for the cost of the rescue.”
The international news of March 16 reported: “Up to 10 per cent of the depositors’ money will be frozen with immediate effect and used to finance the debts.”
I hope that the banks in Malta are in a better position!
Tell us, and be honest!