What about a confiscation of savings held by banks in Cyprus?
EU might have subsidized some social programs for Cyprus, but is it fair if your account is plundered (especially if you wasn’t a recipient in any of such programs) to cover EU’s own and your government’s mismanagment?
When your bank loses money on mortgages and other bad loans, and Germany doesn't hand you a check, do you feel Germany has plundered your bank account?