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Putin describes Cyprus deposit levy as ‘dangerous’

Posted By yihan On March 18, 2013 @ 6:32 am In World News | Comments Disabled

The Irish Times [1]
March 18, 2013

Russia [2]‘s president Vladimir Putin [3] criticised the proposed Cyprus [4] levy on banking deposits “unfair, unprofessional and dangerous,” his spokesman Dmitry Peskov [5]quoted the president as saying.

Cyprus’s parliament votes today on a plan to seize money from bank deposits as part of an EU bailout, a move that has sent a shiver across the bloc, caused the euro to tumble and stock markets to dive.

Mr Peskov said Mr Putin held a special meeting today to discuss developments in the debt-stricken Cyprus.

“Assessing the possible decision of imposing additional tax by Cyprus on deposits Mr Putin said that this decision, if taken, would be unfair, unprofessional and dangerous,” Mr Peskov said.


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URLs in this post:

[1] The Irish Times: http://www.irishtimes.com/news/world/europe/putin-describes-cyprus-deposit-levy-as-dangerous-1.1329799

[2] Russia: http://www.irishtimes.com/search/search-7.1213540?tag_location=Russia&article=true

[3] Vladimir Putin: http://www.irishtimes.com/search/search-7.1213540?tag_person=Vladimir%20Putin&article=true

[4] Cyprus: http://www.irishtimes.com/search/search-7.1213540?tag_location=Cyprus&article=true

[5] Dmitry Peskov: http://www.irishtimes.com/search/search-7.1213540?tag_person=Dmitry%20Peskov&article=true

[6] Cyprus may raise deposit levy to 12.5% for large accounts – report: http://www.prisonplanet.com/cyprus-may-raise-deposit-levy-to-12-5-for-large-accounts-%e2%80%93-report.html

[7] Is Spain Preparing For Its Own Deposit “Levy”?: http://www.prisonplanet.com/is-spain-preparing-for-its-own-deposit-levy.html

[8] So Who Knew? In February Cyprus Deposit Outflows Soared To A Three Year High: http://www.prisonplanet.com/so-who-knew-in-february-cyprus-deposit-outflows-soared-to-a-three-year-high.html

[9] President Putin Orders Large-Scale Military Drills on Black Sea: http://www.prisonplanet.com/president-putin-orders-large-scale-military-drills-on-black-sea.html

[10] BLOOMBERG: The Cyprus Bailout Is The Worst Thing Europe Has Done In The Entire Crisis: http://www.prisonplanet.com/bloomberg-the-cyprus-bailout-is-the-worst-thing-europe-has-done-in-the-entire-crisis.html

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