News Analysis: Amity Beats Enmity in Money Matters Particularly on Cyprus. The Draconian Measures taken against Bank Depositors (Domestic and Foreign), at the Behest of the European Union, are having an effect of bringing Sensible Financial Actions by a few of their Victims. Some of those Greek Cypriots, living in the South, are going to the Northern part of the Island to engage Cypriot Turkish Banks; a very reasonable idea. They are finally forgetting the Rhetoric of Politicians Controlled by ‘Financial Handlers’ and instead, are thinking for themselves; “Political Rhetoric Be Damned”. Since the Turkish Banks, in their collective Wisdom, offer an International Aspect that the South does not, they are preferred as a result.
It is interesting to note that Greece, as well as its ‘Co-Signer ‘ for its Debt, Cyprus, have apparently not Arrested, Convicted, and Imprisoned ONE Military or Political Leader. Their Personal Greed over the past several DECADES caused this infamous Economic Debacle. Instead, their Ill-Gotten Gains are in Foreign Bank Accounts [which are allegedly known to Greek Officials].
Why the Citizens of Cyprus and Greece do not use their Legal Remedies to get their monies back from the Military and Political Criminals is perplexing. That the Military and Politicians do not say anything about their Predecessors is obvious. Good Forensic Accounting is needed [if the Financial Records have not already been destroyed].
Of their Bankers, Military, and Political Leaders, both Greeks and Cypriots need to learn: “Trust, But Verify”. If in Doubt of their Veracity, they can then tell any of these “Men of Integrity”: “Oxi!”
Reality.
Reference: http://www.ibtimes.com/cypriots-find-way-out-banking-crisis-how-turkish-banks-may-be-answer-1494604