Addition 03.2013. TS LSFA BS (Banking system).

EUR. Cypriot financial crisis.

In periods of news on the expectation of default in Cyprus or any other country outside the European Union, do
not trade on the 00 (000), because the reaction of the levels will be absent or very weak, and, as a rule, on the
background of these events, one of the largest banks and hedge funds are not available on the 00 (000).

On Sunday, March 24 immediately made the decision to get out of the situation in Cyprus, as early
as Monday and Tuesday March 25-26to declare a default.
Eurogroup on Monday night removed threat of default of Cyprus decided to grant financial assistance to
Nicosia from the EU and the IMF in the amount of 10 billion EUR. Brussels no longer requires self-assemble
Cyprus 5.8 billion EUR . Decided to completely preserve the country's bank deposits amounting to 100
thousand EUR , but larger deposits be subject to write-downs.
Country's largest bank - Bank of Cyprus - in addressing the financial problems of Cyprus will be subjected to a
complete restructuring and recapitalization of the Central Bank of Cyprus said. Bank of Cyprus will get a
healthy portfolio of serviced assets and loans of the second largest bank of the island - Cyprus Popular Bank,
which will be divided into "good" and "bad" banks, followed by the elimination of the latter.

First, the trade of the 00 (000) draw attention to the following news:

- Armed conflicts (JPY - Asia).

- Out of any of the countries with the EU.
- The Central Bank of the working currency (interest rate).
- Default.

Example: eurjpy25.03.2013