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(, Sun 1 Apr 2001, 1:00)
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Actually I worked it out wrong.
You'd get 600,000 euros in interest. Which I don't really believe... let me check.
(, Tue 26 Mar 2013, 17:32, 2 replies, latest was 12 years ago)
That'd be close to 30% interest rates on savings.
No wonder they're fucked.
(, Tue 26 Mar 2013, 17:34, Reply)
12.5%, but cumulativley over 13 years.

(, Tue 26 Mar 2013, 17:34, Reply)
I see.

(, Tue 26 Mar 2013, 17:35, Reply)
No wonder the ruskies were all in there.

(, Tue 26 Mar 2013, 17:36, Reply)
Well this is racist

(, Tue 26 Mar 2013, 17:42, Reply)
Nope, Cypriot banks were offering 12.5% APR on savings, cumulative interest over that time is that ammount.
Even with the 40% cut on savings over 100,000 a saver in that position would still be well up from their starting point.
(, Tue 26 Mar 2013, 17:34, Reply)

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