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Tuesday, March 26, 2013

German Banks After Russian Money

It seems that, having more or less destroyed the Cypriot banking sector, Germany (in the spirit of Eurozone "fraternity") is seeking to get its hands on all the Russian money that will take flight from Cyprus.

Faisal Islam has tweeted:
"German banks in Cyprus are offering bonuses to accountants with Russian clients to divert savings to Germany, a Cypriot businessman tells me."
So much for the Eurozone being a "band of brothers" who support each other when times are hard!

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