FRANKFURT, March 19 Deutsche Bank
Chief Executive Anshu Jain said he sees limited risk that other
troubled European Union countries will follow the example of
Cyprus and attempt to impose a levy on bank deposits.
"We see near term contagion risk as limited. This is
unlikely to be a model for other European Union States," Jain
told a Bundesbank conference in Frankfurt.
For Cyprus, the proposal presents a clear path to cutting
the country's debt to GDP ratio, Jain said.
Jain said large risks remain, but said he does not think
that Cyprus presents an "extreme tail risk" for the euro zone.