Monday, March 18, 2013

Russia angered by Cypriot bank levy



Published on Mar 18, 2013
http://www.euronews.com/ Moscow has reacted angrily to the levy on bank accounts in Cyprus.

President Vladimir Putin says it is "unfair and sets a dangerous precedent," and the country's Prime Minister, Dmitry Medvedev, also spoke out against it:

"We should say this directly," he said. "This simply looks like the confiscation of other people's money. I do not know who the author of this idea is, but this is what it looks like. We are unfortunately acquainted with such practices from Soviet times."
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