ST Alpha - "They'll have to find another country in the EU that would look the other way." (Reading a Post)

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In response to "so what is to stop the Russians from taking their deposits and going elsewhere with them after the levies? -- nm" by Epiphany

They'll have to find another country in the EU that would look the other way.

Posted by spamlet Mar 18 '13, 14:02

Cyprus in the EU had huge advantages for moving and hiding money for the Russians. Plus, Cyprus looked the other way as money was laundered regularly through the country. My guess is the EU will make them clean it up some.

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so the Russians might just say " eh, 9.9% is fair" and continue on as normal? -- nm - Epiphany Mar 18, 14:17 2
- It depends on their situation. That they could move the money freely in the EU is a huge benefit. - spamlet Mar 18, 14:43
- LOL i doubt it and i'm sure if they find somewhere where they can earn 0.2% more they'll move the money - DaneDukeNuuk Mar 18, 14:20

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They'll have to find another country in the EU that would look the other way.

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