Posted: 17/03/2013 at 14:57
Can't help having another moan about the EU and politicians after reading about savers in Cyprus to be hit by a tax on their savings as a condition of a loan to the country from the EU. This tax is being imposed by outside politicians, all unelected by Cypriots, and as usual, prudent savers ( who probably just like us in the UK now earn very little interest ) are the ones to carry the can. British expats look as though they will be taxed as well, but at least our troops out there are to be looked after.
If this is to be the future in Europe, is there any point in keeping our spare cash in savings accounts - virtually no interest, and at risk of being grabbed at any time at the behest of Mrs Merkel, or some nonentity from the furthest Eastern reaches of Europe?
Safest place looks to be where my Mum and Granny kept their spare cash - under the mattress (preferably with a mousetrap nearby to trap any politicians or Jobsworths fingers! )