Tag Archives: Russia

Cyprus bank insolvency crisis quickly escalating; may set off EU bankageddon

(NaturalNews) As you may have suspected, there’s far more to the Cyprus bank crisis story than meets the eye. It turns out the shutdown of Cypriot banks has caused a large-scale financial shutdown of the Russian government which uses Cyprus banks for most transactions. On top of that, the EU central bank (ECB) has now […]

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