British Expats - Watching the Cyprus situation

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British Expats (https://britishexpats.com/forum/)

- Spain (https://britishexpats.com/forum/spain-75/)

- - Watching the Cyprus situation (https://britishexpats.com/forum/spain-75/watching-cyprus-situation-791572/)

amideislas

Mar 25th 2013 11:34 pm

Re: Watching the Cyprus situation

Who would have guessed it?

Cyprus capital flight

Countryboy1

Mar 25th 2013 11:39 pm

Re: Watching the Cyprus situation

Quote:

Originally Posted by DENISE WALTERS (Post 10620130)

I feel sorry for expats in Cyprus at the moment surely the government cant raid private bank accounts and call it tax ????????:thumbdown:
If they get away with this it will be acceptable to do it in all EU countries
They cant get away with this surely????:eek:

Of course they can call it a tax and get away with. That's what it is if it's imposed by government.
When cash is removed from your wages or pension, it's called income tax. When you buy something it's called VAT or IVA. When you die it's called inheritance tax. Then there's Capital Gains, Corporation Tax, Business Rates etc etc. Interest on bank savings is taxed.
It's all the 'state' taking money from the individual or companies.

notacontrathinker

Mar 26th 2013 12:14 am

Re: Watching the Cyprus situation

Quote:

Originally Posted by amideislas (Post 10624437)

Who would have guessed it?

Cyprus capital flight

Nice non-hysterical website.

Thank you.

amideislas

Mar 26th 2013 4:23 am

Re: Watching the Cyprus situation

Here's another excellent article, not only about Cyprus, but the EU's short-sightedness overall.

Penny Wise, Gas Foolish

notacontrathinker

Mar 26th 2013 5:05 am

Re: Watching the Cyprus situation

Quote:

Originally Posted by amideislas (Post 10624944)

Here's another excellent article, not only about Cyprus, but the EU's short-sightedness overall.

Penny Wise, Gas Foolish

Astonishing.

I wonder if Britain has 10 billion lying about not doing anything ? I mean it's not like we don't have the experience to handle a bail-out. Or a gas field. Or.

jackytoo

Mar 27th 2013 2:26 am

Re: Watching the Cyprus situation

Ironic isn't it!

http://www.telegraph.co.uk/news/worl...-increase.html

SteveDW

Mar 27th 2013 12:31 pm

Re: Watching the Cyprus situation

From someone who really knows what he's talking about.

http://therealnews.com/t2/index.php?...4&jumival=9954

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