Small bank run
Posted on:March 27 2013
Last week I physically visited a bank for doing some paperwork, and what I saw was really unusual: There were dozens of people queued up, depositing money from their bank accounts. Doesn't sound strange, right. But the amount of money they took was what caught my attention: It looks like they were taking everything they had off their bank accounts. The money counting machine was running constantly, and there were only very big notes in there. Every second person was taken aside and escorted to another room, for their own safety (so I heard the guy at the account say), because the amount they wanted was too big.
Note that I live in Austria, not in Cyprus. What the EU politicians did with Cyprus appears to have made some people really nervous, also here. And I think rightfully so.
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