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Originally Posted by Osem
Sadly, we are far from immune from the plight of the Eurozone. The fact that Sterling has recently lost so much ground to the Euro and the Dollar doesn't bode well for ordinary people but does at least offer the prospect of our exports becoming more competitive. Something which the Germans have benefited from greatly since they ditched the Deutschmark in favour of the Euro. Yes, like us, they've had to bail out the likes of Spain but they've also benefited from the relative weakness of the Euro.
---------- Post added at 18:33 ---------- Previous post was at 18:32 ----------
Given what's been happening in Cyprus, I'd withdraw your life savings and keep them under your bed....  |
i have a safe i can put the £400 in for now
---------- Post added at 19:40 ---------- Previous post was at 18:37 ----------
There has been an update from Germany
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The speaker of the European Parliament, Germany's Martin Schulz, has called for the levy to be revised to protect small-scale bank customers.
It is now clear that negotiators of the bailout in Brussels drastically underestimated the reaction there would be here in Cyprus, the BBC's Mark Lowen reports.
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Oh really they did not expect a backlash from the average joe in Cyprus over the wholesale robbery of there bank accounts
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A tiny eurozone economy feels it is being blackmailed by the most powerful and the growing resentment will do nothing to foster the much-vaunted European solidarity, our correspondent says.
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that's the feeling you get when you are bullied
I think any Germans on holiday in Cyprus at the moment should keep a low profile after Tuesday
http://www.bbc.co.uk/news/world-europe-21824495