Europe Central Bankers want personal savings accts for bailouts? - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Reality Check: European Central Bankers want personal savings accounts to pay for bailouts?

(FOX19) -

A stunning situation is unfolding on the island of Cyprus.

Like other countries in Europe, Cyprus is in a debt crisis and is seeking a bailout from European central bankers.

But it is the way the EU and Cyprus government has tried to help pay for the bailout that has the entire world paying attention.

We break it down in Reality Check.

Copyright 2013 WXIX. All rights reserved.

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