Thread: is this theft ?
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Old 17-03-2013, 15:11   #17
Margaret Pilkington
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Re: is this theft ?

It appears that the Government in Cyprus is re-thinking this issue...and the vote has been postponed.
People had had their accounts frozen so that they could not withdraw all of their money.
George Osborne (fine fellow that he is?) has said that if british troops in Cyprus are affected by this edict from the EU(because it is the EU who has directed this to happen) he will compensate them for their losses.

I think this situation, forced on Cyprus by the EU, will have serious repercussions for the Eurozone.
We may see greeks, spaniards and the portugese take their money out of the banks and hide it in their mattreses...this will really de-stablise an already shonky currency.
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