Quote:
Originally Posted by dcstep
Good luck to Cyprus, you and your money over the next few days. I can't imagine someone coming in and saying to me, "We're going to take 3 to 15% of any money you've got in the bank." I'm sure there's a lot of disruption going on.
Dave
|
lots of disruption.. things are extremely unstable and me (as abank employee) may lose my job in the next weeks..
the 10% cut on our savings is nothing. to be honest most cypriots would give that if requested to save our country. the problem is afterwards because foreign investors will not invest here anymore. if this happens the economy will collapse.
although i have very little trust on our president, i still believe in our parliament, and i hope they will vote No tomorrow.
this whole situation is created by Germany to make Russian investors to leave Cyprus and later on have the upper hand in the oil and gas reserves we recently found.
there are other ways to deal with this situation, the icelandic model being one of them. we will see..