Cyprus now confirms the bare minimum that will be taken from you.

Accounts at Bank of Cyprus with deposits of more than 100,000 euros ($128,225), which are uninsured, will lose 37.5% of their value after they are converted into a class of bank shares, the central bank of Cyprus said in a statement.

Bank of Cyprus will freeze another 22.5% in each of the accounts until the Cyprus's bailout terms have been met. The money will be placed in a fund that won't earn interest, and it could see an even larger write-off.

This info first came across me at

https://www.youtube.com/watch?v=p_Q1i9hdm0E

What do you guys think?

 

I think you should use the "Search" button to prevent replicating existing threads.

 

Posted on my Ipad, could not really see anything as the script was small. Sincere apologies.