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Bank accounts taxed by up to 10%. Can it happen in Poland? [150]
"Russian economist grandson
Posted on March 21, 2013 by John Irving| 10 Comments
An elderly resident of Pathos in Cyprus has been doing something odd for the past few weeks. Every Friday she goes to the bank and withdraws all of her money, then returns it on Monday. When asked why she gave the following statement to bank employees:
"My son is an economist in Russia and he has been telling me, if something happens with the Cypriot banks, it will happened on the weekend. He told me to withdraw the money every Friday."
She was laughed at by the bank employees, but now unlike most of the country she has access to her money while the banks in Cyprus stay closed until at least Tuesday of next week. While the Cypriot legislature did not pass a bill that would have taken between 6.75% and 10% of bank deposits, who knows what desperate politicians will do now to get their fix of financial aid from the IMF. At least one person won't be affected, thanks to a caring grandson."
tavernkeepers.com/grandmother-in-cyprus-receives-valuable-advice-from-russian-economist-grandson