‘Cyprus precedent set, will be repeated in bleeding Europe, America’ [video]

Russia Today
April 3, 2013

Enough is enough for the Cypriot finance minister – Michalis Sarris has handed in his notice, after securing the 10-billion-euro bailout that will see savers in two major banks pay the bill. The finger-pointing’s far from over though – as the island tries to establish who’s to blame for the country’s economic meltdown.

Financial journalist Clem Chambers believes other Eurozone countries will follow the sad example of Cyprus.

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