Saxo Bank – Engineering Evil

The decision to raid people’s savings to fund a bail-out for Cyprus sets a “worrying precedent” that could jeopardise the European economic recovery, financial experts have warned.

By Ralph Turchiano on March 17, 2013

EU raid on savings to fund bail-out for Cyprus ‘threatens recovery’ By Robert Winnett, and Tom Whitehead 10:00PM GMT 17 Mar 2013 The island’s government has announced that, following pressure from finance ministers in the eurozone, it is introducing a… Read More ›