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Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 16. (Read 408455 times)

sr. member
Activity: 1842
Merit: 389
Just joined this forum after reading this horror story (more than once).
It's simply terrifying.
donator
Activity: 2772
Merit: 1019
I wonder if there is any chance of recovering your lost 700,000K? Insurance?

deposit insurance covering would amount to pretty much the same as a bailout, no? The idea of a bailin is to not do that.
hero member
Activity: 672
Merit: 502
Shits about to go down in Greece again. I hope everyone is converting all their wealth into Bitcoin as we speak.

The situation with Greece is intense , to say atleast, but reading now some articles that are confirming continued financial support from EU to Greece,
and statements from leading people from EU endorsing Greece into staying in the EU. Do they have hidden motive, noone can say for sure, but its possible that things in Greece are going to settle down finally.
Doubt we will see things like OP's tragic loss again with Greece, but i agree that people will get(allready are) nervous

cheers
Lol you are delusional. Greece is with one step out of the Euro already. And if they give up and get kicked by Merkel and friends the population is going to revolt causing massive riots because they will feel betrayed.
newbie
Activity: 45
Merit: 0
I wonder if there is any chance of recovering your lost 700,000K? Insurance?
legendary
Activity: 3108
Merit: 1531
yes
No one wants to bite the bullet, but we will revisit Greece soon.
newbie
Activity: 14
Merit: 0
Distressing but not surprising, the EU is a racket.
legendary
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
Shits about to go down in Greece again. I hope everyone is converting all their wealth into Bitcoin as we speak.

The situation with Greece is intense , to say atleast, but reading now some articles that are confirming continued financial support from EU to Greece,
and statements from leading people from EU endorsing Greece into staying in the EU. Do they have hidden motive, noone can say for sure, but its possible that things in Greece are going to settle down finally.
Doubt we will see things like OP's tragic loss again with Greece, but i agree that people will get(allready are) nervous

cheers

continued financial support from EU to Greece,  translation:

20% of bailout money to Greece
80% of bailout money to French, German, Spanish, Italian and Squid banks,

100% of the total, plus interest, for Greece to pay back.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Shits about to go down in Greece again. I hope everyone is converting all their wealth into Bitcoin as we speak.

The situation with Greece is intense , to say atleast, but reading now some articles that are confirming continued financial support from EU to Greece,
and statements from leading people from EU endorsing Greece into staying in the EU. Do they have hidden motive, noone can say for sure, but its possible that things in Greece are going to settle down finally.
Doubt we will see things like OP's tragic loss again with Greece, but i agree that people will get(allready are) nervous

cheers
hero member
Activity: 700
Merit: 500
holy shit , that sucks man didnt know banks would do that , im totally mindblown.
this is why the world NEEDS bitcoin!

hero member
Activity: 770
Merit: 509
Shits about to go down in Greece again. I hope everyone is converting all their wealth into Bitcoin as we speak.

Probably fleeing to USD.. when people start fleeing from USD shit will get real.  This WILL happen.
USD is solid for now. If I was in greece i wouldnt go for USD tho, if you are a bitcoin illiterate you should at least know your metals ffs.
legendary
Activity: 1722
Merit: 1000
Shits about to go down in Greece again. I hope everyone is converting all their wealth into Bitcoin as we speak.

Probably fleeing to USD.. when people start fleeing from USD shit will get real.  This WILL happen.
hero member
Activity: 770
Merit: 509
Shits about to go down in Greece again. I hope everyone is converting all their wealth into Bitcoin as we speak.
hero member
Activity: 521
Merit: 500
IMHO the 700k is blocked as the 128k plus-some are the part that won't be touched.
you will not lose all the 700k, "only" couple of percent.

stop cryin, that's just TAX EVASION catching up to you.



This shows an entirely different story. Reading the OP I genuinely thought they were being robbed.
newbie
Activity: 2
Merit: 0
this is crazy. sorry for ur loss tho
legendary
Activity: 1260
Merit: 1002
Impose capital controls in Greece or repeat the mistake of Cyprus

Check this article out today:
http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78l

By Hans-Werner Sinn
Quote
Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8

In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency.

The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors.
...


mr sinn is a hardcore neoliberal idiot.

I agree.  Anyone in Greece right now should be using this time period to get their money out of Greece before there are currency controls and a huge devaluation.



and then what?

doom
newbie
Activity: 9
Merit: 0
Impose capital controls in Greece or repeat the mistake of Cyprus

Check this article out today:
http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78l

By Hans-Werner Sinn
Quote
Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8

In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency.

The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors.
...


mr sinn is a hardcore neoliberal idiot.

I agree.  Anyone in Greece right now should be using this time period to get their money out of Greece before there are currency controls and a huge devaluation.



and then what?
hero member
Activity: 1778
Merit: 764
www.V.systems
Impose capital controls in Greece or repeat the mistake of Cyprus

Check this article out today:
http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78l

By Hans-Werner Sinn
Quote
Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8

In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency.

The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors.
...


mr sinn is a hardcore neoliberal idiot.

I agree.  Anyone in Greece right now should be using this time period to get their money out of Greece before there are currency controls and a huge devaluation.



Who would have thought that the once mighty nation that ruled the world is ruined to what it is right now.
Makes you think if all the superpowers are destined to become something like this.
Sumer, Mohenjodaro, Greece, Italy(Rome), Egypt, all were the mightiest of mighty nations once, kind of like what USA is today.

Any speculations on what would be the state of USA some 2000 years from now ?
legendary
Activity: 4060
Merit: 1303
Impose capital controls in Greece or repeat the mistake of Cyprus

Check this article out today:
http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78l

By Hans-Werner Sinn
Quote
Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8

In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency.

The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors.
...


mr sinn is a hardcore neoliberal idiot.

I agree.  Anyone in Greece right now should be using this time period to get their money out of Greece before there are currency controls and a huge devaluation.

legendary
Activity: 2338
Merit: 2106
Impose capital controls in Greece or repeat the mistake of Cyprus

Check this article out today:
http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78l

By Hans-Werner Sinn
Quote
Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8

In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency.

The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors.
...


mr sinn is a hardcore neoliberal idiot.
legendary
Activity: 4060
Merit: 1303
Impose capital controls in Greece or repeat the mistake of Cyprus

Check this article out today:
http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78l

By Hans-Werner Sinn
Quote
Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8

In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency.

The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors.
...
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