Cyprus: banks shut till Thursday as government scrambles to amend savings levy - live

The Guardian ^ | 18 March 2013 | Graeme Wearden

[E. Pluribus Unum]

Photos: protests in Nicosia • Crucial parliamentary vote delayed until Tuesday • Reports of a rethink on bank savings levy • Vladimir Putin: savings levy is unfair and dangerous • Midday: Markets claw back some losses

[spokeshave]

The mouse (cyprus) roars....and the elephant (EEC) keels over.

[Red Badger]

Vladimir Putin: savings levy is unfair and dangerous

He’s correct...........

[Democrat_media]

Vladimir Putin: savings levy is unfair and dangerous
.

Putin is less of a socialist than Obama , bill Clinton( who wanted a tax on savings etc) or any democrat in the U.S.A.

[Don Corleone]

Coming to banks located between Canada and Mexico....very soon!

[Tulane]

Absolutely possible.

Why anyone would keep their savings in any bank located in Cyprus, Greece, Italy, Ireland, Spain, France, or Portugal is a mystery. Get it out why you still can...

[Georgia Girl 2]

Putin is screaming because all those Russian Oligarchs he works for are screaming at him. Priceless!

[dfwgator]

Russia wants a navy base in the Mediterranean, Cyprus is a perfect location for said base....Connect the dots.

[RWGinger]

I doubt Putin would say anything IF so many Russians didn’t have so much money in Cyprus Banks

[Cowboy Bob]

Yes, but the Russian Oligarchs didn’t cause the bank crisis inCyprus.

[cuban leaf]

Coming to banks located between Canada and Mexico....very soon!

It’s why I have no money in any such account. Well, beyond my paycheck that gets autodeposited. But it means there is less than one paycheck’s worth of risk to me.

[Georgia Girl 2]

“Yes, but the Russian Oligarchs didn’t cause the bank crisis inCyprus.”

Well of course they didn’t. Its just funny that the Russians who usually don’t give a flying fig what’s going on are suddenly outraged about something. Only because all the Russian Oligarchs park their money tax free in the Cyprus banks.

[dfwgator]

The mouse (cyprus) roars....

There is a bear behind that mouse.

[lgjhn23]

“...there is less than one paycheck’s worth of risk to me....”

Smart move. You can bet Mr. Skittles is watching this and just drooling to do it here in the USA.

[cuban leaf]

Every spare penny of mine goes into improvements on my small farm, tools or PMs (that I can hold in my hands). My trust level of these guys is zero. Both parties.

[spokeshave]

Yeah...Don't dis the Russian Mafia.....

Buy Polonium futures....and in umbrella manufacturers.

[BipolarBob]

Why the depositors and not the bondholders??

[dfwgator]

Don’t think that Putin and the Mafia aren’t together in this matter.

[Vigilanteman]

Putin, certified assh*le and former KGB head though he is, understands more about free market economics that your average Democrat is willing to learn.

[Brooklyn Attitude]

Just goes to show that a hungry government will steal your money just like a hungry street thug will. The difference is the govt has access to your bank and retirement accounts.