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Re: Eurozone will collapse...
Cyprus Bailout: Savers Lose Money In EU Deal
http://news.sky.com/story/1065567/cy...ney-in-eu-deal
Quote:
Anyone with savings in a Cyprus bank will lose some of their money under a ground-breaking bailout deal agreed by European finance ministers.
Bank customers will pay a levy of up to 9.9% on their savings, a charge which will raise nearly 6bn euros (£5.1bn)
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Quote:
More than a third - 37% - of cash held in the Cypriot banking system belongs to non-residents and the country has a large British ex-pat community.
Queues of people gathered at cash machines on the island on Saturday as they tried to withdraw their money ahead of the move.
And the country's cooperative banks had to shut their doors after seeing a rush of savers keen to protect their money.
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http://www.bbc.co.uk/news/world-europe-21814325
Quote:
'Robbery'
People in Cyprus with less than 100,000 euros in their accounts will have to pay a one-time tax of 6.75%, Eurozone officials said.
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If i was in Cyprus i would have by now withdrawn every penny i had in a bank or building society. I am so glad we are not part of the Euro.
What scares me however is that if the idiots in Labour get in at the next election they will go running to the EU and sign us up so they can grab a bailout to fund there crazy spending sprees. 
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So you all voted for Labour and now you are shocked they resort to stabbing the pensioners and disabled in the back. Shame on you.
Online Safety Bill, The scammers new target.
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