Wednesday
Mar272013
How It Feels To Have Your Life Savings Stolen In Cyprus
How it feels to lose 40% of your savings.
"It is theft when the government has access to your bank account and takes whatever amount they want. That's money that we earned, that we saved, that we worked hard for."
Good interview with British expat beginning at 40 seconds. And this report was filed March 19 when the tax on accounts over 100K was expected to be 15%. The new tax on deposits over 100k is 40%.
Latest:
Chairman And CEO Of The Bank Of Cyprus Both Sacked
"No Bank Account ANYWHERE In The Eurozone Is Safe"
Reader Comments (2)
Where is the "theft"? You mean, the government refusing to tax me to pay you for money you lost on your bad investment, is stealing from you? Where does this completely asinine logic come from? I guess the world is full of idiots, and they all get to vote ....