Cyprus-Forum.com

[CBBB]

€10 billion. With a 6.75% tax on all bank deposits up to €100,000, and 9.9% on amounts above that!

Aren't you sometimes glad you haven't got any money?

[Cap]

Is it a one off thing?

[Sotos]

"Yes Man" Anastasiades fucked up big time. How can there be so many idiots in this country that forgot that this is the traitor who supported "Yes" of Annan plan? Less than a month after his election and he has already betrayed Cyprus. After such agreement our whole banking system and then our economy will be destroyed.

[Sotos]

I read somewhere that to depositors will give bank shares for the amount that will be taken from them. At the very least they should give shares to the natural gas reserves (they should make a public company or something)

[cyprusgrump]

I read somewhere that to depositors will give bank shares for the amount that will be taken from them. At the very least they should give shares to the natural gas reserves (they should make a public company or something)

At least we will have something to use if we ever run out of toilet paper!

This will surely lead to a vast exit of cash from the banks - the government has just proved that it cannot be trusted with our money!

[GreekIslandGirl]

This specifically targets the tax haven status of Cyprus and it's (up till recently) profit-making banking system. It's the troika's way of getting their hands on the money of those Russian depositors.

Cyprus' gas/oil is already gifted to Germany-France to help keep the Turks away ...

Do we have anything else?

[cyprusgrump]

This specifically targets the tax haven status of Cyprus and it's (up till recently) profit-making banking system. It's the troika's way of getting their hands on the money of those Russian depositors.

Cyprus' gas/oil is already gifted to Germany-France to help keep the Turks away ...

Do we have anything else?

Oh, so they are only going to tax the Russians - not hard working tax paying Cypriots and British ex-pats?

[GreekIslandGirl]

They will tax all depositors. In the main they are Russians and tax-avoiding Brits.

It will apply to both residents and non-residents. About one third of deposits are by foreigners, especially Russians and British.

sky

[cyprusgrump]

They will tax all depositors. In the main they are Russians and tax-avoiding Brits.

So, in a country of nearly a million people you are suggesting that the vast majority of bank accounts are held by Russians and Brits?

How ridiculous you are...

[GreekIslandGirl]

Cypriots are peasants. We don't need any money.

About one third of deposits are by foreigners, especially Russians and British.

They can take it all. Then we can have our freedom. Oh and a donkey and a goat and an olive tree. Bliss.