VOICED : Rescate para Chipre

VOICED : Rescate para Chipre

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

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Cyprus becomes the fifth eurozone country to receive an international bailout, following Greece, Ireland, Portugal, and Spain. After intense negotiations, the eurozone and Cyprus agreed on a rescue plan involving a 10 billion euro commitment. The plan includes liquidating Laiki Bank, Cyprus's second-largest bank, and imposing a 30% cut on deposits over 100,000 euros, while protecting smaller deposits. The EU urges Cyprus to implement the agreement swiftly, though the reopening date for banks remains unspecified.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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