Asian Markets rise on Cyprus deal

My understanding is the levi will just be on bank deposits i.e. cash. But I could be totally wrong. Surely they wouldn't be able to touch your share in a company just because they brokered the deal?

It's all politics in my opinion. A message to the Russian's and other wealthy people using Cyrpus as a tax haven.

But after this surely Cyprus is now finished as a tax haven and will now have to rely on Tourism as their main industry?

Its amazing how the banks are allowed to rob from people that have saved more than 100000 euros. Its disgraceful. It just goes to show the biggest criminals are the banks. I feel sorry for those that have saved hard all there lives just to get robbed like this. Whats this world coming too.
They make any excuse to rob people of there money.
Its time to put your money under your pillows as its a lot safer than putting it in a bank.

Just a thought....What happens if you had bought 100000euros worth of shares through these banks???IE they were your broker.....would they sell your shares to get the money????

Does anyone know the answer to this????

reut.rs/10DZqZs

bbc.in/14itoVK