Money Stuck in Cyprus? Savings at risk elsewhere?

A sad insight into the perils of expat life (Telegraph)

An excerpt from the article:

"Mr Bodega said the situation in Cyprus had worried clients in other 'at risk' eurozone countries.

"We haven't had any calls from France or Germany – it's Italy, Greece, Spain and Portugal where people are beginning to get spooked and look at the alternatives," he said.

More than 60pc of respondents to a HiFX survey said the situation in Cyprus had made them more nervous about holding money in overseas bank accounts.

Almost a third said they were considering bringing some or all of their funds back to the UK, while 7pc had already done so.

Only 10pc of more than 600 respondents said they did not plan to take action".

Big depositors could lose up to 60% (BBC News)

The Telegraph, on confirmation of this development

Kathimerini has more details

Updates, Keep Talking Greece

and Hellas Frappe

Haircut exemptions for Greek depositors? Cyprus Mail

A Safe Place for your money (UK)