DOOM ALERT: People Are Freaking Out In Europe of the Cyprus Bailout As EU Move To Seize Funds Directly From Bank Account Holders! Cyprus Banks May Be Closed Due To Fear of Bank Runs.
March 17th, 2013
Osborne vows to protect Britain’s armed forces in Cyprus as cash machines are EMPTIED and 60,000 British savers face losing millions in 10% bank account tax
One furious customer reportedly parked his digger outside one such branch in the seaside resort of Limassol, claiming the government had “tricked” him into believing deposits were safe.
Cyprus – which accounts for just 0.2 per cent of the combined eurozone economy – is the fifth country to secure a debt rescue package from its eurozone partners in the three-year debt crisis.