Banking crisis threatens tax haven of Cyprus
Mar. 25, 2013
Q: Wealthy foreign depositors could lose billions of dollars as Cyprus struggles to keep its banks open with a bailout from other European nations. Where is Cyprus on this map?
Circle the area on this map
Q: The Republic of Cyprus built much of its economy on helping foreigners avoid taxes and protect their wealth. Much of the money deposited in Cyprus has come from Russian "oligarchs," but the island nation also attracted big depositors from its former colonial ruler . . .
A. Greece
B. Britain
C. France
D. Italy
Q: Cypriot banks lost billions in loans to Greece under terms of an earlier bailout deal for that nation. Which nation has supplied most of the money and dictated most of the terms for bailing out Europe's troubled economies like Cyprus?
A. Russia
B. Britain
C. Germany
D. United States
Q: The island of Cyprus has been divided since 1974 after fighting between ethnic Greeks and ethnic . . .
A. Arabs
B. Britons
C. Italians
D. Turks
Q: In the Mediterranean Sea, the island of Cyprus is the . . .
A. Largest
B. Smallest
C. Third largest
D. Third smallest
Answers for this quiz: Click here