It’s a little unclear from the article, but... Did they say that if you had 95,000 Euros in the bank, the account was safe. But, if you had 105,000 Euros in the account, you lost everything?
My guess is if you had 95,000 Euros, they are going to make a bank error correction to your account and you will actually have 100,001 Euros. Then comes the Devil's Haircut.
95 would be safe, 105 takes a 40% haircut. i.e. raping.
It’s a little unclear from the article, but... Did they say that if you had 95,000 Euros in the bank, the account was safe. But, if you had 105,000 Euros in the account, you lost everything?
Your first 100,000 euros is proected, the amount above that is subject to confiscation.
At 105k euros, a 40% haircut is 2k euros.