Reuters - Video

EDITION: U.S. | U.K. | IN

Video

Europe Day Ahead: Brace for a run if Cyprus banks reopen

Monday, Mar 25, 2013 - 02:14

Mar. 25 - If Cyprus reopens its banks on Tuesday customers are likely to be in for a shock when they check their accounts. Technical difficulties may make it hard for them to withdraw their savings just yet.

▲ Hide Transcript

View Transcript

There's Soledad the Tuesday's key political and financial events. Banks in Cyprus expects to reopen off to more than a week welcome news for some perhaps. But not for those -- more than 100000 euros in deposits will find less money. In their accounts like -- bank will not reopen. All its insured deposits will be transferred to the bank of Cyprus to virus -- of Donald capital markets explains what's likely to happen next. Uninsured deposits would be I would remain frozen. Until the recapitalization for also systems all of this just means that. A lot of deposits a lot of wealth in the -- economy will remain frozen for quite some time. And of course that this would have a massive impact on the economy enhanced also am of course on the power amid the -- the U and IMF bailout program. Events in Cyprus and overshadowed Italy's political deadlock but -- among -- -- -- government party leaders will gather in room to -- cammarata coalition deal. Some members of pier Luigi -- on -- centrist Pontiac calling for coalition with our rival Silvia Berlusconi. In order to avoid a snap election talks fail. Heads of states from the bricks nations meet in Durban South Africa they'll discuss measures to a bonds trade investment and political cooperation. Between the emerging global powers they're also expected to give the go ahead for jointly -- infrastructure bank. Analysts say the measure could bring tangible benefits. It will fundamentally change. The ability to fund. Important infrastructure and other development projects one in order the -- economies capitalist economies in Africa. While emerging markets forge ahead here in Europe more evidence of troubling times French consumer confidence like -- took another -- in March. Unemployment is at a fifteen year high and is weighing heavily on the wrong. I'm not a lot of confidence is likely to be reflected in your results from Europe's biggest home improvement retailer kingfisher. It's expected to post an 11% drop and -- a profit back to Brian on helpful web weak economies and an even weaker pound. That's a look at the choose to remember to catch up on the latest developments voices today eight GMT every weekday. I'm -- for -- this is horses.

Europe Day Ahead: Brace for a run if Cyprus banks reopen

Monday, Mar 25, 2013 - 02:14

Top News »

Money »

S&P 500 to new record on improving economy S&P 500 to new record on improving economy

Fri, Aug 29, 2014 - (2:31)

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)