Britain Flies 1M Euros to Troops in Cyprus
...in case the ATM machines stop working
By John Johnson, Newser Staff
Posted Mar 19, 2013 2:26 PM CDT
   (Shutterstock)

(Newser) – How's this for a tangible sign of the banking mess in Cyprus: Britain's Royal Air Force is flying in a plane loaded with 1 million euros so its troops stationed there don't get stuck without cash, reports the Independent. The defense ministry made the move after the crisis raised fears that ATMs and debit cards would stop working. Troops also get the option of having their pay deposited into UK bank accounts instead of Cypriot ones.

"We're determined to do everything we can to minimize the impact of the Cyprus banking crisis on our people," says a ministry spokesman. Britain, which doesn't even use the euro as its national currency, has about 3,000 troops and 500 civilian personnel in Cyprus, reports Yahoo News.

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Showing 3 of 7 comments
boxcar
Mar 19, 2013 10:19 PM CDT
Tip o' the Iceberg- When ordinary citizens feel their bank funds are threatened by authorities, look out- Means a massive "Run on the Banks" ahead by ordinary citizens to withdraw all their CA$H, pay w/M.O.'s The CLUE that the Jig is Up is when authorities CLOSE the banks until things "stabilize" and then there's fire-side-chat style propaganda in the media about how the FDIC has everyone covered, so settle down- Sure
coolbreeze55
Mar 19, 2013 4:10 PM CDT
They are flying in less than $285.00 per person. Why all the drama in this story?
SmartrthnU
Mar 19, 2013 4:03 PM CDT
ATM means automated teller machine "ATM machine" is redundant, who works for Newser, teenagers?