VOICED : Bancos chipriotas abren en Grecia

VOICED : Bancos chipriotas abren en Grecia

Assessment

Interactive Video

Business, Social Studies

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

The video discusses the situation surrounding the reopening of Cypriot bank branches in Greece amid financial concerns. Customers anxiously awaited the reopening of the Bank of Cyprus in Athens. While Cypriot banks in Greece reopened under the control of the Bank of Piraeus, Cyprus itself struggled to reopen its banks despite European rescue plans. The CEO of the Bank of Cyprus was removed at the request of international creditors, including the EU, ECB, and IMF.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main concern of customers at the Greek branch of the Bank of Cyprus?

The bank's opening hours

The interest rates on loans

The exchange rate of the Euro

The safety of their deposits

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank took control of the Greek branches of Cypriot banks?

Bank of Greece

Alpha Bank

Bank of Piraeus

National Bank of Greece

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge did Cyprus face regarding its banks?

Reducing staff numbers

Increasing interest rates

Reopening banks as planned

Expanding into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the effect of the European rescue plan on Cyprus?

It led to the closure of more banks

It had no impact at all

It only partially calmed concerns

It completely resolved all concerns

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who requested the dismissal of the Bank of Cyprus CEO?

International creditors

The bank's shareholders

The European Union

The Cypriot government

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