Post
Topic
Board Economics
Re: My bank account's got robbed by European Commission. Over 700k is lost.
by
mcgravier
on 04/07/2015, 19:36:04 UTC
Bumping with love and Greece:

2013
Quote
P.S. The worst thing is, that even a month ago I was suspecting that things can go wrong. In February, I several times called my banker and lawyer and asked them if money on the account is safe, mentioning that article in Financial Times. But they convinced me that there is no reason to worry, and even if country goes default, in no way current accounts may be affected. "This is European Union and banks here can't just grab your money and go" I was told.

2015
Zero Hedge:
http://www.zerohedge.com/news/2015-07-03/greek-banks-considering-30-haircut-deposits-over-%E2%82%AC8000-ft-reports
Quote
According to FT, Greek banks are considering a depositor bail-in that could see deposits above €8,000 haircut by "at least" 30%.

Now, just recent tweet from Yanis Varoufakis (Greek Finance Minister)
https://twitter.com/yanisvaroufakis/status/617084556089409536

Quote
FT report of a Gk Bank Bail In is a malicious rumour that the Head of the Greek Banks Association denied this morning

Sounds familar?