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Monday, June 30, 2014

Bulgaria tries to contain bank run - Jun. 30, 2014

Bulgarian authorities have made seven arrests and pumped more than $2 billion into the country's financial system in a bid to prevent a bank run spiraling out of control.

Officials blamed the rush to withdraw deposits on a coordinated attempt by individuals to destabilize the banking system by spreading unfounded rumors via social media, emails and text messages.


Bulgaria tries to contain bank run - Jun. 30, 2014

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