When faced with mounting opposition, Cyprus abandoned its plan to impose large taxes on bank deposits.
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Similarly, all existing bank deposits in euros would be maintained in euros, preventing bank runs.
An early proposal to raise money through a levy on all bank deposits was quickly withdrawn.
Mr Farage criticised the deal to rescue the Cyprus economy, involving a levy on bank deposits.
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The contributions are pooled, like bank deposits, and top-rated financial institutions bid on the money.
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State TV said the plan might include a levy on bank deposits over 100, 000 euros.
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It is the aggregate value of bank deposits less overdrafts but not the monetary base.
Another option being considered is smaller tax on all bank deposits above 100, 000 euros.
The savings is what flows into the financial markets through bank deposits or investment in securities.
Argentina's economy was largely dollarised: 70% of bank deposits and 79% of loans were in greenbacks.
AA. Most of the rest goes into low-yielding bank deposits or Chinese government bonds.
Such money used to be invested in bank deposits, either directly or indirectly via money-market funds.
Some of this has been financed by bank deposits from Russia, Ukraine and Serbia.
That's triple what similar bank deposits pay, but still considerably less than banks charge Orix for loans.
It is believed that Russian nationals make up the bulk of Cyprus bank deposits held by foreigners.
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Russians are believed to account for just under a third of Cyprus's 68 billion euro bank deposits.
Bank deposits, still the most popular way of saving, are also growing rather more slowly this year.
A-shares is still higher than the yield on bank deposits, making shares look a reasonably safe bet.
The only good use for bank deposits today is loans, but credit quality is still a concern.
The crux of the problem is that two-thirds of bank deposits are in dollars, as are most loans.
Elsewhere in the world, the United Arab Emirates Australia and New Zealand all moved to guarantee bank deposits.
Real estate is also a favored investment of Chinese looking to get better returns than bank deposits pay.
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Dim sum bonds provide an investment outlet for yuan that would otherwise be stuck in low-yielding bank deposits.
For savers, this means regular bank deposits, money-market funds and short-term Treasurys effectively lose them money each year.
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Argentina's problem was that bank deposits and loans were largely dollarised, creating huge problems when its currency sank.
Alarmed by the default of the Daewoo group, investors are shifting money from investment trusts into bank deposits.
State TV said a 15% levy on bank deposits of more than 100, 000 euros was being discussed, AFP says.
It is difficult to overstate the short-sightedness and folly of taxing bank deposits.
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Some 60% of bank deposits and almost all saving accounts are in dollars.
Following this month s meeting, the FOMC is unlikely to indicate that the Fed will stop paying interest on commercial bank deposits.
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