An angry Cypriot has claimed that the proposed Cyprus bailout tax levy imposed on savings is just delaying the inevitable failure of the Euro.
In a posting on Investoo Direct Investor, the Cypriot saver claimed:
“We should not be punished for the problems in the Eurozone, why are we the first to be treated like this?
This tax will not help Cyprus’s economy, it will make people withdraw money from Cyprus and is just delaying the inevitable failure of the Euro. I’m sure all the rich people will continue to be happy for a short while, but the fact is this will not resolve the underlying problem Cyprus and other countries face.”