So it begins...
"People with less than 100,000 euros in Cypriot bank accounts will have to pay a one-time tax of 6.75%, while those with more will have to pay 9.9%. It is expected to raise 5.8bn euros in additional revenue."
source: http://www.bbc.co.uk/news/business-21797888
(http://www.telegraph.co.uk/finance/9934565/Cypriot-savers-hit-as-eurozone-agrees-10-billion-bail-out.html)
Today it's only 6.75 % in a small country. Let's see what happens when they steal 50 % in a bigger country tomorrow.
