Surprise Me!

British expats outraged over Cyprus bank levy

2013-03-18 13 Dailymotion

Bailout plans in Cyprus to make savers forfeit a portion of their deposits have been met with anger by many expats living here.<br/> <br />Around 80,000 British citizens reside on the island which has been financially crippled in the euro zone crisis.<br/> <br />Many say they'll be moving their cash to avoid the levy.<br/> <br />SOUNDBITE: (English) BRITON FROM MARGATE, SUSAN KEARNS, SAYING:<br/> <br />"On Tuesday I plan to go to the bank and withdraw all the money I have in there and have nothing left in there. You know, I can't trust them anymore. It's theft. They are stealing from me. That's how I see it."<br/> <br />SOUNDBITE: (English) BRITON FROM MARKSE BY-THE- SEA, STEWART COWELL, SAYING:<br/> <br />"I think it is particularly unfair for people that have saved and tried hard to keep some money in the bank, and it's just a blanket tax across everybody. I understand people with higher savings getting taxed more, but 6.75 percent seems an awful lot of money to me."<br/> <br />As government discussions continue, offi

Buy Now on CodeCanyon