Thread: Cyprus Crisis!
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Old 03-25-2013, 06:49 PM
Tyburn's Avatar
Tyburn Tyburn is offline
Angry @ Injustice!
Join Date: Jan 2009
Location: England
Posts: 17,097

The Good news is Cypriot Banks will reopen on Tuesday.

The bad news is that Cyprus caved into the demands of the German Chancellor.

In order to qualify for the bail-out, the Cypriot Government shall steal up to ten percent of each individual Citizens savings account in banks on the Island, and surrender that money to Brussels.

If they do that the European Union will give them a government bail-out and the International Monetry Fund and European Central Bank will be happy...until that money runs out...and then Cyprus will be back at square one.
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