Source: Spiegel.
Jeroen Dijsselbloem’s original game plan was to just keep a low profile. When the 47-year-old Dutch finance minister became head of the Euro Group three months ago, the first thing he did was deactivate his Twitter account. In meetings of the finance ministers of the 17 euro-zone states, he let his counterparts do most of the talking. And whenever he appeared before reporters in Brussels afterwards, he would start with sentences like: “Maybe it’s good, if I say something.”
It is sure that the banking system, based on interest, is still in a lot of trouble and, yes, the ‘Cyprus Model’ will be copied here and there. Better find alternative investments then bank deposits.