Cyprus- Is this the future if your bank fecks up?

[MrsD]

Re: Cyprus- Is this the future if your bank fecks up?

it's actually beyond belief that to try and tax money launderers from Russia they can just ride roughshod over everyone else.

the Cypriots have had an unfortunate history, we have friends who lost everything in the war, they couldn't get back to their house,farm, animals etc because they drew the line down the middle and they were on the wrong side of it. They are still litigating to try to recover some of the stuff they lost. This could just tip the lot over again.

the Cypriot banks must be feeling quite chipper.................

[Never-In-Doubt]

Re: Cyprus- Is this the future if your bank fecks up?

We (AAD) bank with Bank of Cyprus

But have sod all cash in the account so not too bad

[ken100464]

Bankers and politicos now feel the euro is safe enough for it to be ok to levy a one off fee on peoples savings.

Putting aside the reasons, russians money laundering taxpayers in Germany not happy how many would be happy with this decision?

And whats more why do the banks and Politicos now not think there might not be a run on the banks where this tax has been imposed overnight

Self defeating and just hope every man jack who has savings in any of these institutions pulls it out and puts it anywhere including under the matress to force some of these barstewards to the wall.

If happened to me I would pull the lot out. What they done is no different to a thief climbing through the window and having it away.