as mentioned here
http://www.bbc.co.uk/news/world-europe-21814325
TLDR- Cypriot government are imposing a one off levy of approx. 7% of everyone in the countries savings to pay for a bailout or even more if you have more than 100k euros in your savings
seems extremely shady tbh. i'm surprised that something like this is even allowed under law. If I was a saver over there i'd be royally miffed at this.
just wondering if our government would ever try anything like this?
http://www.bbc.co.uk/news/world-europe-21814325
TLDR- Cypriot government are imposing a one off levy of approx. 7% of everyone in the countries savings to pay for a bailout or even more if you have more than 100k euros in your savings
People in Cyprus with less than 100,000 euros in their accounts will have to pay a one-time tax of 6.75%, Eurozone officials said.
Those with greater sums will lose 9.9%.
seems extremely shady tbh. i'm surprised that something like this is even allowed under law. If I was a saver over there i'd be royally miffed at this.
just wondering if our government would ever try anything like this?