An ugly Greek tragedy in Cypriot dialect is unfolding at the home of the Goddess of Beauty.
The blood-thirsty, self-proclaimed financial
rescue institutions have found in Cyprus a new prey to nimble on as they are
officially and by law amputating 60 per cent of depositors’ savings above Euro
100K!
I have many reasons to have this south eastern
Mediterranean island very close to my heart and that's why I was heartbroken
with the recent developments which have deprived dozens of thousands of
hard-working people of their hard-earned savings.
What's more, what we are seeing in Cyprus these days
is just the tip of an iceberg so deeply submerged in the abyss of southern
Europe’s banking bubble and fiscal fuck ups that would even make Aphrodite
herself struggle to stay afloat.
Cyprus must resurface soon, but the recent
experience of its Greek neighbours suggests that one, two, three or more
lifelines are not enough to help one swim when surrounded by the loan sharks of
the IMF and ECB.