Series Title | EurActiv |
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Series Details | 22.03.13 |
Publication Date | 22/03/2013 |
Content Type | News |
Latvia, where about one-third of the population is Russian-speaking and which has long positioned itself as an offshore bank centre for its big neighbour, has seen the share of non-resident deposits in its banks rise in recent years. Kristaps Zakulis, head of the FKTK financial sector regulator, said on 21 March 2013, he saw no new rush of funds due to troubles in Cyprus, home to large amounts of Russian offshore funds and struggling to strike a deal for a eurozone bailout. |
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Source Link | Link to Main Source http://www.euractiv.com/euro-finance/cyprus-number-latvia-news-518687 |
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Subject Categories | Politics and International Relations |
Countries / Regions | Latvia |