Cypriots show their palms reading ‘No’ during a protest against an EU bailout deal outside the parliament in Nicosia on March 18, 2013. (PATRICK BAZ/AFP/Getty Images)
Cypriots show their palms reading ‘No’ during a protest against an EU bailout deal outside the parliament in Nicosia on March 18, 2013.
(PATRICK BAZ/AFP/Getty Images)

How Germany Ambushed Cyprus

March 19, 2013  •  From theTrumpet.com
Cyprus’s harsh bailout was clearly the result of a thorough German plan.
 

In the early hours of Saturday morning, European Union officials decided to help themselves to the money in the bank accounts of the citizens of Cyprus. A tax of up to 10 percent on Cypriots’ savings would fund part of the nation’s bailout. This unprecedented step shocked the world.

What should shock the world even more is how Germany ambushed Cyprus and forced them to surrender to this tough bailout.

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