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EU - Cyprus confiscating 10% of all bank depositors money

 
Instant Karma
wheels within wheels

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03/17/2013 08:53 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
And so it begins.... All Cyprus banks this weekend have frozen electronic transfers while a bailout is brought in. There will be a "bank holiday" on Monday and then on Tuesday, March 19th, 10% of every bank depositors savings will be taken and transferred to the central planners and central banksters.

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 25720208


Considering that the banks create money out of nothing, this is ridiculous. It appears that they're trying to start a worldwide bank run. Why else would they announce this to the world?

Last Edited by Instant Karma on 03/17/2013 08:54 AM
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]
Luisport

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03/17/2013 08:54 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Mikaël Kerbourc'h ‏@kerbourchmikael
The Botching of the Cyprus Bailout: Worse Than Lehman Brothers [link to oua.be]
Anonymous Coward
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Indonesia
03/17/2013 08:56 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
anyone who thinks this is not coming to a town near you, very soon !

is a MORAN !!
 Quoting: veracious common sense


i dont think this will happen around me.. banana2
im officially safer
Anonymous Coward
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03/17/2013 08:57 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
bsflag
Anonymous Coward
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Netherlands
03/17/2013 08:57 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
i dont think this will happen around me.. banana2
im officially safer
 Quoting: Anonymous Coward 23201022

be glad you don'thave many muzzies around
aphares

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03/17/2013 08:57 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Doe's any of these banks have American ties? if so, it should be awakening as what is to come.


List of banks in Cyprus
From Wikipedia ( View original Wikipedia Article ) Last modified on 14 January 2013 at 12:55

This is a list of banks operating in Cyprus.

Banks Listed in the Cyprus Stock Exchange

Bank of Cyprus Public Co Limited
Cyprus Popular Bank Public Co Ltd
Hellenic Bank Public Co Limited
USB Bank Plc

Subsidiaries of foreign banks

Αlpha Bank Cyprus Ltd
Emporiki Bank – Cyprus Limited
National Bank of Greece (Cyprus) Ltd
Russian Commercial Bank (Cyprus) Ltd
Societe Generale Bank-Cyprus Limited
Bank of Piraeus (Cyprus) Ltd
Eurobank EFG Cyprus Ltd

Other Banks

Cooperative Central Bank Ltd
Cyprus Development Bank Public Co Ltd
Οργανισμός Χρηματοδοτ&​#942;σεως Στέγης
Κτηματική Τράπεζα Κύπρου Λτδ

Branches of European Union Banks

Αlpha Bank
Barclays Bank PLC
Bank of Piraeus
Banque SBA SA
Emporiki Bank
Eurobank EFG
First Investment Bank Ltd
Joint Stock Company “Trasta Komercbanka”
Εθνική Τράπεζα της Ελλάδος Α.Ε.
Central Cooperative Bank PLC
Banca Transilvania S.A.
Joint Stock Company Akciju Komercbanka "Baltikums"
AS LTB Bank


Branches of banks from non-EU countries

BankΜed s.a.l.
Arab Jordan Investment Bank SA
Banque BEMO SAL
Bank of Beirut SAL
BBAC SAL
BLOM Bank SAL
Byblos Bank SAL
Credit Libanais SAL
FBME Bank Ltd
Open joint-stock company AvtoVAZbank
OJSC Promsvyazbank
Jordan Kuwait Bank PLC
Jordan Ahli Bank plc
Lebanon and Gulf Bank SAL
Lloyds TSB Offshore Limited
Privatbank Commercial Bank
IBL Bank sal

Source: Central Bank of Cyprus[1]
source: [link to www.ask.com]
Anonymous Coward
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03/17/2013 08:57 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
.


This bailout's tax the depositor requirement
is custom made for Cyprus... why ?

Because most of the depositors are Russians.


.
Dr. Ben Schillen
:(){ :|:& };:

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03/17/2013 08:58 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
The Russian mafia won't be happy

Thread: Cyprus Bailout: The Russian Mafia will lose billions if the 10% measure passes
Luisport

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03/17/2013 09:03 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Joey ‏@DreamBoy__
Economics Nobel Laureate+ #Cyprus econ advisor Pissarides warns economy would collapse within “2 or 3 days” if deposit tax failed to pass
JLK354

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03/17/2013 09:05 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
And so it begins.... All Cyprus banks this weekend have frozen electronic transfers while a bailout is brought in. There will be a "bank holiday" on Monday and then on Tuesday, March 19th, 10% of every bank depositors savings will be taken and transferred to the central planners and central banksters.

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 25720208


Think it can't happen here?

Why do you think all the FEMA camps are set up.
Luisport

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03/17/2013 09:06 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Aneliya Stankova ‏@AneliyaStankova
Centrist DIKO/Democratic Party cohesion in bailout vote on Monday seems to be the key. #Cyprus
Limpan

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03/17/2013 09:09 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
bsflag
 Quoting: Anonymous Coward 26303180


Why BS???
It's happening
Limpan

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03/17/2013 09:11 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
There is genuine fear of market unrest on Monday morning when stocks may crumble in the eurozone and bank accounts in other southern European bank may suffer.

Skai radio reported on Sunday that the Bank of Greece has sent between 4 and 5 billion euros to Cyprus in order to help Cypriot banks respond to cash requirements by their clients.


[link to ekathimerini.com]
zvezda 1

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Bulgaria
03/17/2013 09:11 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
This is a trial balloon for the ECB and BIS to see what kind of reaction the people of Cyprus have. If it's "manageable" then watch for this type of action to start taking place in Portugal, Ireland, Italy, Greece, and Spain!!!!!

This gambit could be the beginning of the end-game!
 Quoting: Anonymous Coward 25720208


Nonsense! Nothing like TRIAL! Ask the people in Cyprus what kind of trial is this. This is real!
zzbudzz

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03/17/2013 09:11 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
I think I'm gonna pull all my money out the bank Monday except a few hundred bucks! People put money in the banks because they feel like it's safe. Well not anymore! They just close the doors and steal 10 percent out of your account!?
Anonymous Coward
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03/17/2013 09:12 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Joey ‏@DreamBoy__
Economics Nobel Laureate+ #Cyprus econ advisor Pissarides warns economy would collapse within “2 or 3 days” if deposit tax failed to pass

 Quoting: Luisport


But how many days week months does this thievery add to the life of the Cyprus economy?? How long until they are right back here again?
Anonymous Coward
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China
03/17/2013 09:14 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
....."The move, which is likely to prove unpopular with the country’s 1m citizens"
 Quoting: Anonymous Coward 25720208

sherlockwhats this reporters name....Captain Obvious?
Limpan

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03/17/2013 09:14 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
I think I'm gonna pull all my money out the bank Monday except a few hundred bucks! People put money in the banks because they feel like it's safe. Well not anymore! They just close the doors and steal 10 percent out of your account!?
 Quoting: zzbudzz


And the banks are only oblige to keep 10% of your money in cash.
Anonymous Coward
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Germany
03/17/2013 09:15 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
WOW! The black swan has arrived.

Watch out for the easter weekend, if the situation really gets out of control next week, this will be the date for the money reforms in Europe.

On my favorite german language site (Hartgeld.com) I am reading a lot of posts concerning the date 02.05.2013, but this date does not make sense.
But maybe it is just a hidden messege and we should read 02.04.2013, monday after easter weekend.

Good luck to everyone in southern Europe, i hope the situation wont get nasty on the streets tomorrow.
Anonymous Coward (OP)
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03/17/2013 09:15 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
The Cyprus "bank holiday" for Monday has now been extended to include Tuesday in fear of a bank run on deposits being pulled out of the banks!

This shit is getting real and I wouldn't be surprised to see their "bank holiday" extended further into the week!!!
Anonymous Coward
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Germany
03/17/2013 09:16 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
I think I'm gonna pull all my money out the bank Monday except a few hundred bucks! People put money in the banks because they feel like it's safe. Well not anymore! They just close the doors and steal 10 percent out of your account!?
 Quoting: zzbudzz


And the banks are only oblige to keep 10% of your money in cash.
 Quoting: Limpan


Wrong! The banks in the euro zone only have 1% in cash, the chanced the rules for the banks last year. Before it was 2%...
Limpan

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03/17/2013 09:18 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
I think I'm gonna pull all my money out the bank Monday except a few hundred bucks! People put money in the banks because they feel like it's safe. Well not anymore! They just close the doors and steal 10 percent out of your account!?
 Quoting: zzbudzz


And the banks are only oblige to keep 10% of your money in cash.
 Quoting: Limpan


Wrong! The banks in the euro zone only have 1% in cash, the chanced the rules for the banks last year. Before it was 2%...
 Quoting: Anonymous Coward 35890519


Sorry I mean available !! Not in cash

hf
Anonymous Coward
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03/17/2013 09:18 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Time to pay for the free shit they have been giving away.
This is why America must spend less on everything.
Anonymous Coward
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03/17/2013 09:21 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
.


The IMF initially wanted a higher tax on depositors.

I'm hearing 40%... can anyone confirm ??



.
Anonymous Coward
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Germany
03/17/2013 09:22 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
.


The IMF initially wanted a higher tax on depositors.

I'm hearing 40%... can anyone confirm ??



.
 Quoting: Anonymous Coward 18850150


Zerohedge confirms your information...
Anonymous Coward
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03/17/2013 09:23 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
What gives them the right to take 10% of everyone's money?

That is robbery!
Anonymous Coward
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03/17/2013 09:25 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Let's stop puffing up the story. Look at the facts! The vote for this to happen is on Monday.. nothing set in stone yet.

I can't stand these concise summaries that slide pretty far from the truth..
bluegirlredstate
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03/17/2013 09:25 AM
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Re: EU - Cyprus confiscating 10% of all bank depositors money
Lok at history and look at the EU, First they payed you in cash(years ago), then by check(an IOU), then direct deposit (to be "green" and go paperless to save the planet of course) then BO allows the CIA and FBI to data mine all amerikan bank accounts...hmmm wonder why?
Limpan

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03/17/2013 09:25 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
What gives them the right to take 10% of everyone's money?

That is robbery!
 Quoting: Anonymous Coward 13127957


And they don't even try to hide it
Luisport

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Portugal
03/17/2013 09:26 AM

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Re: EU - Cyprus confiscating 10% of all bank depositors money
Ian Gillespie ‏@IanRGillespie
Cyprus delays vote on EU bank acc't tax. Ironically, voting it down may now increase the risk of a bank run. (1/2) [link to cbc.sh]

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