When the Cypriot banking system collapsed because of an inability to service its debt in 2013, the government forced bank depositors to cover the debts. This led to banks forcibly seizing funds from depositor accounts in order to pay their debts.
by CuzMike
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- August 27, 2014 11:40 pm
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Randall Covey, Russian Hacker
Been SINCE the Cyprus fiasco. Did it once and got away with it, what's to stop 'em?
- August 28, 2014
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- 5 people
CuzMike
Nothing! I keep saying they won't be satisfied until they get every last nickel that people have in a bank or in retirement.
- August 28, 2014
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- 5 people
Randall Covey, Russian Hacker
Absolutely concur.
- August 28, 2014
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- 4 people
Linda Mihalic
This story is all too believable.
- August 28, 2014
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- 4 people
