Nobody wants the credit for bank raid

Amazingly nobody seems to want to claim credit for the great Cypriot bank raid, and it’s hard to find anyone with a good word to say about the “deal” which has put all of Europe into a Boylean “state o‘ chassis”.

The ECB is running a mile from this one and is intent on putting the blame on Cyprus president Nicos Anastasiades and the Cypriot finance ministry, a person, who asked not to be named as the discussions are not public, told Bloomberg news.

The ECB, “the person” said, was against taxing Cypriot savings accounts under €100,000.