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€100,000 was insured. If you want to go along that line of thinking, then he currently has access to less than 4% of the uninsured money.


As far as I understood , no part of uninsured money will be left for him.

Insurance is for Euro 100k, and he has a Dollar Account, that is why he will get only $128k based on the exchange rate.


The funds are currently marked as frozen. I presume that they're still figuring out the exact percentage for the haircut, so the only assets he can use is anything up to the insured amount.


No the decision has been already made, Laikie is being dissolved, so there won't be any haircut. You will get only Euro 100k

http://www.cyprus-mail.com/cyprus/details-euimf-bailout- agreement-cyprus/20130325

"Laiki will be resolved immediately - with full contribution of equity shareholders, bond holders and uninsured depositors - based on a decision by the Central Bank of Cyprus, using the newly adopted Bank Resolution Framework."




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