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Old 03-18-2013, 07:37 PM  
EddyTheDog
Just Doing My Own Thing
 
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Join Date: Jan 2011
Location: London, Spain, New Zealand, GFY - Not Croydon...
Posts: 25,055
The Cypriot banks batted way above their weight - Inflated interest rates and no questions, they took the money and invested it in Greece - Greece fell foul of the EU and lost the Cypriot money.

The banks in Cyprus are taking money from the people that took advantage of the relaxed rules - Unfortunately lots of innocent people are being caught up in the mess....
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