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George Liu
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I am the Chief Financial/Economics Columnist of The Daily Political Review, a Monitored Contributor for FOREXPROS, a Seeking Alpha Certified Contributor, as well as a paid blogger for The Motley Fool Blog Network. I also currently serve on the Board of Directors for Ureka Co. Currently, I am... More
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  • Eurogroup Has Approved Cyprus Bailout Plan! 0 comments
    Mar 24, 2013 9:11 PM | about stocks: FXE, EUO, EUFX

    The Eurogroup (comprised of Eurozone finance ministers) have approved the plan drawn by the troika to bail out Cyprus. Also, since the deposit tax portion of the bailout was passed as a "bank resolution," it does not require approval of the Cyprus parliament. The deposit tax will hit only deposits above 100,000 euros in Laiki and the Bank of Cyprus.

    Stocks: FXE, EUO, EUFX
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