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Old 08-05-2013, 18:52   #1417
danielf
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Re: Eurozone will collapse...

Quote:
Originally Posted by Damien View Post
The situation is the same as before. If a bank collapses you may not get all your money back. The problem with Cyprus is that it's being portrayed as a raid on the banks to bailout the Government rather than a bailout of the banks themselves. It's important to remember it was the banks, and therefore their customers' money, that were about to fall. *

What people are asking for when they complain about the bail-ins and precedents is not that the EU intervened but that they didn't intervene enough. They wanted Germany/EU to increase the bailout money.
Can you stop bringing facts into the discussion please?
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