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Two years and one month after the imposition of restrictions on capital movement in Cyprus, today the measure was completely cancelled. According to the leadership of the Bank of Cyprus, this is an important message to the international capital markets, namely that Cyprus is emerging from the crisis, regaining confidence in its banking system.

At the same time, the talks of imposing such restrictions in Greece are intensifying. While deposits of over 100,000 euro were cut in Cyprus, Greek analysts state it is unlikely that the measure be introduced from the first euro in the bank account of each depositor.

The impasse in the negotiations of the Greek cabinet with the creditors of Greece and the negative outlook for their development while Athens is insistent in its refusal to undertake structural reforms sustain the uncertainty which results in continued deposit flight from Greek banks. The concerns that the deposits of the Greeks may be cut in the coming weeks are intensifying along with this too.

GRReporter decided to ask its readers whether they consider as possible the application of the stringent measure. It turns out that the majority of them do not just reject this possibility but consider it absurd because they are of the opinion that it will provoke violent public reactions. This response is the preference of 53% of readers of the Greek page, 42% of the Bulgarian version and 29% of the English page of the site.

Another large part of our readers, however, believes that there will be cuts in deposits in Greek banks because the government in Athens can obtain cash only in this way. This response is supported by 35% of readers of the Bulgarian page of the site, 24% of the Greek and 23% of the English version of GRReporter.info.

The vast majority of readers of our English page, 33%, believe that there will be no cuts in bank deposits for the simple reason that most of the money has been withdrawn from Greek banks. It is worth noting that leading analysts argued in early March that the real value of deposits was less than 5 billion euro.

However, that option is not very popular among the readers of the other two versions of the site as 18% percent of the readers of the Greek page and 13% of the Bulgarian page voted for it.

Contrary to the position of the Bank of Cyprus leadership, the option "The measure gave results in Cyprus and undoubtedly will give results in Greece" collects the smallest number of votes in our poll. It is most popular on our English page with 14% of the votes, followed by the Bulgarian page with 10% and the Greek one with 6%.

In general, the results of the poll show that Greeks still have a strong image of organizers of large-scale and violent protests. It remains to be seen if this tactic will be successful in the near future, regardless of whether there will be cuts in deposits or not.

We would like to thank you for your participation and to invite you to take part in our new poll that asks you, Will you prefer Greece for your summer holiday this year?