[Venturer]

Russians or no Russians, this would set a precedent that will destroy faith in banks and eventually destroy the banking system.

[freedomfiter2]

Russians or no Russians, this would set a precedent that will destroy faith in banks and eventually destroy the banking system.

That would be a good thing. We have already lost faith in burglars and other common thieves.

[mdmathis6]

So clarify something for me...I have a deposit in a Cyprus bank and what is there is reflective of savings after I have paid my taxes on it. I may or may not be a Cypriot citizen but still, the EU outside of the Country just wants to take 10 per cent of what I have saved...just like that?

I think, in order to be fair...all savers in all EU countries(richer or poorer should have to have 10 per cent of their savings taken.(..better yet...just dissolve the EU!}

After all the EU is supposed to be one great big supranational/financial entity anyway with richer and poorer countries. When they formed the EU they all knew some areas were worse off then others but the whole purpose was to unite Europe. So, if any levies are to be laid, then every saver in the whole of the EU needs to have a portion of their savings taken....it’s only “fair”...(sarcasm on)

[Wyatt's Torch]

Russians or no Russians, this would set a precedent that will destroy faith in banks and eventually destroy the banking system.

Absolutely. Putin is dead on accurate on this issue.