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Anyone here from Cyprus? How are things there after state has robbed a part of people's savings?

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Asked By: Soloviento 41-45, M  2 months ago

As a condition for the bailout, Germany has imposed the Cypriot government to put a tax on bank savings. Hope the streets are burning there. This time Germany has taken things too far.

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    Best Answer (Chosen by Voting):

    winstonwelles - 22-25 years old - male

    Posted by winstonwelles Apr 3rd, 2013 at 7:58AM

    This is the problem with having a unified currency without centralised fiscal policy. What are you supposed to do if one country just starts devaluing the currency for their own short-term benefit?

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