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Update on the great heist in Nicosia coming to a bank near you. Behind the banners reading “Hang the banksters, hands off our savings”, “Who is next Spain or Italy?” or simply “Fuck Europe”, Andreas Constantinou stood outside the Cyprus parliament, with a grim look on his face.

Posted on | March 18, 2013 | 1 Comment

Angelique Christafis: The protests in Nicosia

           

    Protestors are seen next to banners during the rally against ratification of a one-off tax in front of the gate of Presidential Palace in Nicosia, Cyprus, 18 march 2013.           
Protestors are seen next to banners in front of the gate of Presidential Palace in Nicosia, Cyprus, today. Photograph: FILIP SINGER/EPA
   

My colleague Angelique Chrisafis met with some of the protesters in Nicosia today, and reports:

Behind the banners reading “Hang the banksters, hands off our savings”, “Who is next Spain or Italy?” or simply “Fuck Europe“, Andreas Constantinou stood outside the Cyprus parliament, with a grim look on his face.

“It’s just unfair,” he said. He had cut short his family lunch to mark the first Monday of Orthodox lent, a bank holiday when Cypriots usually descend on parks to picnic, fly kites and celebrate. Instead, as Cypriot politicians held emergency talks before Tuesday’s parliamentary vote on the controversial levy of up to 10% on all bank deposits, hundreds joined the street protest against the seizure of a chunk of everyone’s savings to satisfy an EU rescue plan.

“This is going to affect everyone, savings or not, because no matter how the politicians tweak it, the damage has been done. Trust in our banks has evaporated, people will take out their money, investors will flee, the economy will be hugely hit and things can only get worse,” said Constantinou, 29.

Here’s the full story: Cyprus bailout: ‘Trust in our banks has evaporated. It can only get worse’

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Comments

One Response to “Update on the great heist in Nicosia coming to a bank near you. Behind the banners reading “Hang the banksters, hands off our savings”, “Who is next Spain or Italy?” or simply “Fuck Europe”, Andreas Constantinou stood outside the Cyprus parliament, with a grim look on his face.”

  1. Davey Crockett
    March 18th, 2013 @ 5:25 pm

    Boy, talk about being pissed off…”or simply f___ Europe…!” LOL! 🙂 This ought to make ’em turn on these damnedable bankers!

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