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Agence France-PresseMarch 19, 2013 13:46
Europe a 'wicked stepmother' in Cyprus: Italian business
The head of Italy's employers federation on Tuesday said proposed bank levies in Cyprus would put Europe in the role of "a wicked stepmother".
It "would create a dangerous precedent and transform Europe into a wicked stepmother," Giorgio Squinzi, head of Confindustria, said in a letter.
Squinzi said in the letter, which was addressed to European business lobbies, that he was "very worried by what is happening".
"The savings of citizens are the treasure of a country and absolutely have to be defended," he said.
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http://www.globalpost.com/dispatch/news/afp/130319/europe-wicked-stepmother-cyprus-italian-business
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