...and so the EU crises continue. At least they're financial troubles and not, as in the previous century, one country killing ordinary people in another. But, not only can the British expats in Cyprus not access their life-long savings because the cash-machines and banks are shut, the retirement houses they bought are apparently not theirs despite the fact they paid in full for them because they never received their house deeds from the badly-mismanaged system, and now they hear from the British government no less that their British pensions - normally transferred directly to their Cyprus bank account - are being held back to avoid being sucked into the morass! Sod's law all round.
Talking about the sod, to take my mind off all this worry, we decided to do some gardening. I've discovered a miracle cure for that dratted grass that keeps growing through the shingle on our drive. No point buying those dreadful weed killers. You know the ones, where the white foamy stuff keeps getting bunged up behind that tiny eye hole! No, after you've boiled those potatoes for your dinner, pour the hot water over it - no, not your dinner, the driveway! Yes, it actually works. Something to do with the combination of hot water and starchy residues. And, it won't poison your pets either.
So, sitting on our increasingly lumpy mattress(!), Him indoors says we shouldn't look for lawn....
Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts
18th March 2013
Extra, extra, read all about it.....an EU country is legally allowed to dip its hard-up hands into ordinary savers' bank accounts. Throw up your hands in horror. Armageddon is nigh.
The situation is Cyprus is surely sending warning signals right across the continent. The troika of EU wise-men has decided that they are not going to support trashing the actual banks and finance houses that caused the country's default, but to hurt the common man who had nothing whatsoever to do with it in the first place! How can it be legal to take money from ordinary savers? It's daylight robbery.
But, all this is nothing compared to what it may signal for the future. O.K. it's only little Cyprus at the moment, but what happens if the other, bigger, EU countries get sucked into this morass? Who is the common saver? Is he a member of a criminal gang, hoarding away his ill-gotten gains? No, it's someone like you and me: pensioners, many of them British expats, who have brought their savings over to the EU - money they've saved all their lives to provide something for their retirement. And, what happens when nervous people like me decide enough's enough and send their money back to the relative safety(!) of a British bank? I'll tell you. It's called 'a run on the banks' - and could even cause the eventual fall of the euro.
You see: Him indoors was right. Take your money out now and put it under the mattress. Should be safely out of reach of the stealing hands of the EU troika, shouldn't it??
The situation is Cyprus is surely sending warning signals right across the continent. The troika of EU wise-men has decided that they are not going to support trashing the actual banks and finance houses that caused the country's default, but to hurt the common man who had nothing whatsoever to do with it in the first place! How can it be legal to take money from ordinary savers? It's daylight robbery.
But, all this is nothing compared to what it may signal for the future. O.K. it's only little Cyprus at the moment, but what happens if the other, bigger, EU countries get sucked into this morass? Who is the common saver? Is he a member of a criminal gang, hoarding away his ill-gotten gains? No, it's someone like you and me: pensioners, many of them British expats, who have brought their savings over to the EU - money they've saved all their lives to provide something for their retirement. And, what happens when nervous people like me decide enough's enough and send their money back to the relative safety(!) of a British bank? I'll tell you. It's called 'a run on the banks' - and could even cause the eventual fall of the euro.
You see: Him indoors was right. Take your money out now and put it under the mattress. Should be safely out of reach of the stealing hands of the EU troika, shouldn't it??
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