2013-03-22T09:59:13Z https://www.taurillon.org/Not-just-a-Cypriot-problem,05653#comment16512 2013-03-22T09:59:13Z

<p>The idea to levy savers up to 100.000 Euro came not from the Eurozone group but was an idea of the Cyprus President being pushed through also by the ECB after Cyprus had neglected negotiations for quite a while. The German government can only be blamed for running into this trap. That would be part of the whole truth. At the same time you could mention the unethical economic model of Cyprus aswell as the very fact that it is not quite relevant to the Euro. And the talk about shredding confidence in the guarantee in savings all over Europe is a media driven hype. I would wish for one moment that there would be one Leader like Barroso, Van Rompuy or Holland or Monti openly taking position against these Anti-German-Campaigns. But well would be too easy to face the fact that whole big mess was done by the Cyprus government and the Cyprus banks, offering tax havens to rich russian oligarchs and not by the German government, which is taking its responsibilty up to the German and European tax payers.</p>