Re: European Union is robbing its citizens' bank accounts. 9.9% to be confiscated.
Conclusion: What I did is just a precaution. The bank does not pay me anything for keeping my money. I lose nothing if I take it out. I will spend it in my business in approx. 3-4 weeks even if nothing happens. If everyone did the same, there would be same hell here as in Cyprus.
A lot less than everyone
In most countries the minimum reserve requirements are in the range of 1-10%, the rest the banks can lend more than they have (''create'' money).