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Kasz216 said:

As well it should, that particular solution has been rejected but they are still after EU money... and all the EU actually asked for was 4 billion euros. 

They're going to close Laikai for sure, which should get them 1.5.

If they close both that should get them well over the projected 4 bil.

 

People are worried about there deposits if they do close however.

5.8 billion euros, actually... but yeah. Although it seems like it's the greek banks who are going to take over cypriot banks. Seems like the european Ponzi scheme is running on high gears once again.

Either way, no matter if they end up stealing 1% or 10% of bank accounts, the percentage is going to increase over time and the ECB will be comfortable on pushing for the same on other mediterranean countries.