Bulgarians arrested after 'plot' against banks

World News: . []

A man stands in front of the a branch of First Investment Bank as people still wait outside at the end of the working time, Sofia, Friday, June 27, 2014. A second Bulgarian bank has been hit by a run within the past week, prompting authorities to issue a statement claiming there is no reason for depositors to worry about their money despite reports the financial system is shaky. First Investment Bank, Bulgaria's third-largest lender, was the target of media rumors on Friday alleging that it was short on liquidity, causing public panic and a run on deposits. (AP Photo/Valentina Petrova)SOFIA, Bulgaria (AP) — Two brokers have been charged with plotting to undermine Bulgaria's top banks by spreading rumors of their instability, triggering runs on deposits and forcing the government to step in with rescue aid.


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