latest is they want 40% haircut on savings this insane surely.
http://www.guardian.co.uk/business/2...ogroup-meeting
Now understand why both sides argument cyprus not helped themselves setting selves up tax haven. Would think this is purge on these tax havens. Maybe if they just do it for non Cyprus nationals will me be more sensible.
Maybe those foreigners who guenuine working in cyprus exempt. All else take the cut to savings if its above €100,000. 40% very steep hit on anyone finances. Damn billionairre tax avoiding going get hammering on that €400.000 plus hit
Would this be better solution to the situation.