Check this thread to understand what is happening to Cypriots money now https://bitcointalk.org/index.php?topic=153959.160
This is all because merkel's and other EU bosses. They do it because they want to save EUR. But they do it the way exactly as Hitler did in 1933 by seizing private assets of Jews to raise Third Reich's economy.
This is all because merkel's and other EU bosses. They do it because they want to save EUR. But they do it the way exactly as Hitler did in 1933 by seizing private assets of Jews to raise Third Reich's economy.
so you think cyprus would be better off with leaving the euro and introduce a national currency?
leaving the euro would mean immediate bankruptcy for cyprus and probably a loss of most savings, because the banks just don't have as much money as their clients have on their accounts.
I'm, among thousands of others, already lost all my savings. Before joining eurozone Cyprus was small wealthy country because of enormous investments from around the world. But EU did all possible to collapse it and steal all the money.
