Time to move your saving out of Spanish Banks.. could Cyprus be thin end of wedge.?

The news isnt good for Ex Pats living in Cyprus as the Government introduced emergency Tax on Investments ( 10% ) .. Could this happen in Spain ?

 If this is passed into law on Monday in Cyprus it will be the start of the end of the Euro, the banks will be sunk by people drawig out oey like there is no tomorrow

 Why are we starting a new thread here when one already exists? Moderators?

Because its not "the same thread" i.e different slant on the same subject and I didnt read the other one

This thread is just repeating what is on the other, earlier thread. Is there any reason why you didn't read it?

Because I dont sit at my PC all day like some do reading every posting. And like you im free to make postings

my question is "totally different" to your posting or are you and "oneshtplenty "  the EOS moderators as well"

You could say "great minds think alike." 

It is a different question to what you are asking Camposol . Ands its quite common to have two threads about a hot topic..

The news isnt good for Ex Pats living in Cyprus as the Government introduced emergency Tax on Investments ( 10% ) .. Could this happen in Spain ?

Very good question,  i have always worked on the principal of....."If you can think of it then someone can do it".

At the moment it sounds to far fetched, sounds illegal, sounds against all banking rules, sounds against the most basic principal of the banking world for any other country in the EU to do such a thing, yet if Cyprus gets away with it, whats stopping others following suit.

 Why hasn't every bank in the civilised world voiced an opinion and tried to stop it happening, because they all know if Cyprus does then every world bank will lose it's credibility, even if they don't follow suit.

Banks are losing customer trust every day, why add to it?

Because I dont sit at my PC all day like some do reading every posting. And like you im free to make postings

dont let anyone give you grief

i think you are awesome so i will stick up for you if anyone gives you hassle.** EDITED -Inciting- Against forum rules **

Good contribution Mungrey.** EDITED - Inciting-Against forum rules **

This message was last edited by aliton on 18/03/2013.

** EDITED - Inciting - Against forum rules **

Not now Mungry, ....** EDITED -Inciting-Against forum rules **

he is the man

** EDITED - Inciting- Against forum rules **

What about those poor Russians with cash in Cyprus banks, totally unfair.

 Hi everyone

This thread has been locked as there is already another thread discussing the same subject, so not to confuse matters.

Nonetheless we would like to take the opportunity to remind some of you that EOS is not a place for inciting other members into arguments, please be polite and refrain from being offensive at all times.

Thank you