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Cyprus Has No Intention Of Leaving Euro Following The EU Troika Bailout.

Posted on March 29, 2013

The 17-nation fellow members of the EU need to ask themselves, why they allowed this bailout to go ahead with such possible far reaches consequences for the whole world.

Insisting that the debt of the nation be paid, in part - around 5.8 billion Euros, from private citizens bank accounts which have been fozen until this is adjusted/taxed to cover this debt..

Taxing private peoples bank accounts to pay for a countrys debt, which is not the peoples fault or making, is seriously setting a very dangerous president.

And why with many other ways to solve the problem? Short minded foolishness IMHO with no doubt political and financial agendas a-many.

Okay, lets us say this practice is fine and good, so does that mean any other country's government can do the same and quote our fate as being the reason for thier logic?

God help the whole world, banks may just have become the not safe place to park your money any more!!!

Shame on the EU and all its members for allowing this madness to become reality.

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THE WORLD NEEDS TO UNDERSTAND THIS HAIR CUT FOR INNOCENT DEPOSITORS IN CYPRUS BANKS IS WRONG AND ACT NOW TO STOP IT. THERE MUST BE ANOTHER WAY? Cyprus Banks Open After Two Weeks Closed, All Is Calm, No Panic After EU Troika Bailout.