Plan C: Closing Banks Forever

Published by Filipe R. Costa on Thu, 21/03/2013 - 10:23
Cyprus banks

Daily Market Commentary for March 21: Today is Thursday and banks are still closed in Cyprus. While the Cypriot finance minister is trying to negotiate in Moscow for a plan B, it’s time to think on a plan C, just in case, and that is to consider, closing banks forever in Cyprus.