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Sunday, 31 March 2013

It is still state theft. They are just taking a larger percentage.

People with over 100,000 euros (£84,300) in Bank of Cyprus accounts could lose up to 60% of their savings in a harsh new EU and IMF bailout deal.


 Cyprus bailout

How many more "little details" have the Troika, the banks and the politicians kept up their sleeves? Stealing 60% of  £84,000 from peoples savings is a big shift from stealing only 10%. Which ever way you look at it, it is still state theft. It is just that they are stealing a larger amount.