Scandal of Cypriot savers
REVELATIONS that rich investors and oligarchs were tipped off that their fortunes were not safe in Cyprus will come as a bitter blow to British retirees who have lost savings there.
The well-connected appear to have got their money out just in time while smaller savers are still waiting to hear how much they will lose.
Those with savings in other shaky European economies should take note: they will tell you that your cash is safe until the day that they seize it.