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Bank of Cyprus Form

Bank of Cyprus Form

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Instructions and help about Bank Of Cyprus

did you know that in 2012 Cyprus had a financial crisis because they had too much debt and the European Union didn't bail them out and the craziest part is how they solved the issue every local bank account with more than 100 000 Euros was split in half meaning one day you woke up and your 1 million was only half a million now well that was not a really motivating intro but there is more so let me explain hey everybody it's ericugo and in this video I'm going to talk about which bank accounts I'm using personally as well as for my businesses and what I recommend you if you're planning on banking in Cyprus the economical crisis of 2012 and 13 was actually not just in Cyprus but also in Greece because these two governments oftentimes go hand in hand and there were many different reasons for the crisis but one of the biggest ones was over leveragement of the government Cyprus government bonds were becoming basically worthless this then led to the fact that Cyprus government obviously had

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