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  1. In Memory of LAJ_FETT: Please share your remembrances and condolences HERE

JCC EU and IMF Levy on Cyprus Savers

Discussion in 'Community' started by LAJ_FETT , Mar 17, 2013.

  1. JoinTheSchwarz

    JoinTheSchwarz Former Head Admin star 9 VIP - Former Mod/RSA

    Registered:
    Nov 21, 2002
    As a Spanish cartoonist said:

    [​IMG]

    "Watch out: pro system groups are razing Europe!"
     
  2. LAJ_FETT

    LAJ_FETT Tech Admin (2007-2023) - She Held Us Together star 10 VIP - Former Mod/RSA

    Registered:
    May 25, 2002
    BBC News

    Looks like the debate is underway. Current plan is to exempt accounts under 20,000 euros from the levy. And the UK Ministry of Defense has flown emergency euros to Cyprus as a contingency fund for UK service personnel, and is reviewing their pay to see if they want future pay to go into a UK bank instead of one there.
     
  3. LAJ_FETT

    LAJ_FETT Tech Admin (2007-2023) - She Held Us Together star 10 VIP - Former Mod/RSA

    Registered:
    May 25, 2002
    Update - just heard on CNBC that parliament voted against the levy.
     
  4. LAJ_FETT

    LAJ_FETT Tech Admin (2007-2023) - She Held Us Together star 10 VIP - Former Mod/RSA

    Registered:
    May 25, 2002
    Latest on this is that the Cyprus banks will remain closed til at least next Tuesday. That's gotta suck. A couple of lessons to learn from this - keep some spare cash where you can get to it and don't put all your eggs in one basket.

    BBC News