[url]http://rt.com/business/cyprus-against-deposit-levy-501/[/url]
[url]http://news.sky.com/story/1066871/cyprus-bailout-savings-tax-rejected-by-mps[/url]
[url]http://www.reuters.com/article/2013/03/19/us-eurozone-cyprus-vote-idUSBRE92I0ZB20130319[/url]
[quote]The Cypriot parliament has voted against a revised bank deposit levy. The tax was meant to shave 9.9% off any deposits over €100,000 and has since caused uproar in the country.[/quote]
Well now, this is interesting. Will Russia step in and save them?
Or, are we about to see Cyprus Default?
[url=http://www.bbc.co.uk/news/world-europe-21842966]Oh wow[/url]
[quote]No MPs voted for the bill, with 36 voting against and 19 abstaining.[/quote]
[QUOTE=Riutet;39971621][media]http://www.youtube.com/watch?v=qVT0iNcImlc[/media][/QUOTE]
I TRIED TO WARN THEM... BUT THEY LOOKED AWAY.
Cyprus is pretty much fucked either way.
And they also more or less dug their own grave.
This part is actually interesting.
[quote]
Cyprus has discussed the tax with its European creditors. Ministers from the 17 eurozone countries urged protection for savers with €100,000 or less and for them to be spared from the levy, after the prospect brought panic to the markets and had Cyprus dealing with the prospect of Russia withdrawing its rescue loan.
[/quote]
Sorry, you need to Log In to post a reply to this thread.