Cypriot Cash-Grab Risks Damaging Eurozone Banking System; Will It Push Depositors Towards Safe Haven Investments?

  Finance ministers from the 17-country Eurozone held an emergency video conference call on Monday, to discuss the likely terms of a controversial bailout that threatens to force Cyprus savers to accept the loss of €5.8bn from their savings accounts.  The raid will mean an average of 10% off the value of Cypriot savings, though it [...]