Sunday, March 24, 2013

GREECE on the verge of financial ruin!!!!


Thousands of bank employees protest outside the Finance Ministry in Nicosia March 23, 2013. REUTERS-Yannis Behrakis
By Karolina Tagaris and Michele Kambas
NICOSIA | Sat Mar 23, 2013 7:19pm EDT
(Reuters) - Cyprus conceded on Saturday to a one-off levy on deposits over 100,000 euros in a dramatic U-turn as it raced to satisfy European partners and seal an 11th-hour bailout deal to avert financial collapse.
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