Horrific news came from Cyprus at the weekend as the latest Eurozone bailout went a step further – this time effectively stealing up to 12% from Cypriot bank accounts.
That’s right, after the Cypriot bank holiday on Tuesday depositors will automatically lose a percentage of their savings to contribute to the Eurozone bailout.
I was always brought up to believe that forcibly taking someone’s money without their consent is stealing.
This is a new low for the EU. To keep their failed currency going for a few more weeks they now need to steal from people already suffering the pain of Euro membership.
If this policy transfers to Spain, watch out, it’ll make the Lehmans collapse in 2008 look like the first day of the January sales.
Never before have we been so determined to Get Britain Out of the EU.