Reabren bancos en Chipre

Reabren bancos en Chipre

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

The President of Cyprus, Nikos Anastasiadis, expressed gratitude for the calmness of the population during the reopening of banks after a 12-day closure. Despite queues, there were no major disturbances. Cypriots face financial restrictions, including a daily withdrawal limit of 300 euros and a cap on foreign transfers. Travelers can only carry 1,000 euros in cash. Cyprus is the first eurozone country to impose such capital controls. To secure an EU bailout, Cyprus agreed to seize 30% of savings over 100,000 euros.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reaction of the Cypriot population during the reopening of banks?

They were very chaotic.

They remained calm.

They ignored the reopening.

They protested loudly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the daily withdrawal limit set for Cypriots?

500 euros

100 euros

300 euros

200 euros

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much money can travelers take with them when leaving Cyprus?

500 euros

3,000 euros

1,000 euros

2,000 euros

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of savings over 100,000 euros was Cyprus required to seize?

40%

30%

20%

10%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unprecedented action taken by Cyprus in the eurozone?

Imposing a new tax

Restricting capital movement

Banning foreign investments

Increasing interest rates