A short history of bank deposit levies - Tyler Cowen -> marginalrevolution.com/marginalr … evies.html
Thanks for that, interesting reading.
There is also another precedent to Cyprus - MF Global
Deposit guarantees only protect against bankruptcy, not levies, says EU - -> ekathimerini.com/4dcgi/_w_ar … 013_488598
ESM should be temporary backstop for bank resolution -ECB’s Knot -> reuters.com/article/2013/03/ … 0V20130319