Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Cyprus: banks shut till Thursday as government scrambles to amend savings levy - live
The Guardian ^ | 18 March 2013 | Graeme Wearden

Posted on 03/18/2013 9:11:59 AM PDT by E. Pluribus Unum

Photos: protests in Nicosia • Crucial parliamentary vote delayed until Tuesday • Reports of a rethink on bank savings levy • Vladimir Putin: savings levy is unfair and dangerous • Midday: Markets claw back some losses

(Excerpt) Read more at guardian.co.uk ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: banking; banks; cash; cyprus; cyprusconfiscation; eu; eucrisis; globaleconomy; gold; greece; silver

1 posted on 03/18/2013 9:11:59 AM PDT by E. Pluribus Unum
[ Post Reply | Private Reply | View Replies]

To: E. Pluribus Unum

The mouse (cyprus) roars....and the elephant (EEC) keels over.


2 posted on 03/18/2013 9:14:15 AM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Vladimir Putin: savings levy is unfair and dangerous

He’s correct...........


3 posted on 03/18/2013 9:14:45 AM PDT by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

Vladimir Putin: savings levy is unfair and dangerous
.

Putin is less of a socialist than Obama , bill Clinton( who wanted a tax on savings etc) or any democrat in the U.S.A.


4 posted on 03/18/2013 9:19:13 AM PDT by Democrat_media (media makes mass shooters household names to create more & take our guns)
[ Post Reply | Private Reply | To 3 | View Replies]

To: E. Pluribus Unum

Coming to banks located between Canada and Mexico....very soon!


5 posted on 03/18/2013 9:25:35 AM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Don Corleone

Absolutely possible.

Why anyone would keep their savings in any bank located in Cyprus, Greece, Italy, Ireland, Spain, France, or Portugal is a mystery. Get it out why you still can...


6 posted on 03/18/2013 9:28:13 AM PDT by Tulane
[ Post Reply | Private Reply | To 5 | View Replies]

To: E. Pluribus Unum

Putin is screaming because all those Russian Oligarchs he works for are screaming at him. Priceless!


7 posted on 03/18/2013 9:34:34 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Georgia Girl 2

Russia wants a navy base in the Mediterranean, Cyprus is a perfect location for said base....Connect the dots.


8 posted on 03/18/2013 9:36:05 AM PDT by dfwgator
[ Post Reply | Private Reply | To 7 | View Replies]

To: Red Badger

I doubt Putin would say anything IF so many Russians didn’t have so much money in Cyprus Banks


9 posted on 03/18/2013 9:38:43 AM PDT by RWGinger
[ Post Reply | Private Reply | To 3 | View Replies]

To: Georgia Girl 2

Yes, but the Russian Oligarchs didn’t cause the bank crisis inCyprus.


10 posted on 03/18/2013 9:38:54 AM PDT by Cowboy Bob (Democrats: Robbing Peter to buy Paul's vote.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Don Corleone

Coming to banks located between Canada and Mexico....very soon!

It’s why I have no money in any such account. Well, beyond my paycheck that gets autodeposited. But it means there is less than one paycheck’s worth of risk to me.


11 posted on 03/18/2013 9:40:02 AM PDT by cuban leaf (Were doomed! Details at eleven.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Cowboy Bob

“Yes, but the Russian Oligarchs didn’t cause the bank crisis inCyprus.”

Well of course they didn’t. Its just funny that the Russians who usually don’t give a flying fig what’s going on are suddenly outraged about something. Only because all the Russian Oligarchs park their money tax free in the Cyprus banks.


12 posted on 03/18/2013 9:41:07 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: spokeshave
The mouse (cyprus) roars....

There is a bear behind that mouse.

13 posted on 03/18/2013 9:41:09 AM PDT by dfwgator
[ Post Reply | Private Reply | To 2 | View Replies]

To: cuban leaf

“...there is less than one paycheck’s worth of risk to me....”

Smart move. You can bet Mr. Skittles is watching this and just drooling to do it here in the USA.


14 posted on 03/18/2013 9:45:04 AM PDT by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: lgjhn23

Every spare penny of mine goes into improvements on my small farm, tools or PMs (that I can hold in my hands). My trust level of these guys is zero. Both parties.


15 posted on 03/18/2013 9:47:36 AM PDT by cuban leaf (Were doomed! Details at eleven.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: dfwgator
Yeah...Don't dis the Russian Mafia.....

Buy Polonium futures....and in umbrella manufacturers.

16 posted on 03/18/2013 9:58:56 AM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: E. Pluribus Unum

Why the depositors and not the bondholders??


17 posted on 03/18/2013 10:00:39 AM PDT by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: spokeshave

Don’t think that Putin and the Mafia aren’t together in this matter.


18 posted on 03/18/2013 10:01:15 AM PDT by dfwgator
[ Post Reply | Private Reply | To 16 | View Replies]

To: Democrat_media

Putin, certified assh*le and former KGB head though he is, understands more about free market economics that your average Democrat is willing to learn.


19 posted on 03/18/2013 10:03:21 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 4 | View Replies]

To: E. Pluribus Unum

Just goes to show that a hungry government will steal your money just like a hungry street thug will. The difference is the govt has access to your bank and retirement accounts.


20 posted on 03/18/2013 10:41:14 AM PDT by Brooklyn Attitude (Obama being re-elected is the political equivalent of OJ being found not guilty.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

THE EU is the king - the nation-banks are the feudal landlords - guess who the peasants be? How dare the citizenry expect those in debt to take a loss to their margins when all those yummy savings are there to be tithed? Can you say 401(k)? I knew you could.


21 posted on 03/18/2013 10:44:23 AM PDT by AD from SpringBay (We deserve the government we allow.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Why does anyone there have more than the bare minimum to pay the monthly bills in the bank? It’s not like this was some big unexpected surprise.


22 posted on 03/18/2013 11:14:55 AM PDT by bgill
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Look for bank executives & politicians to be found dead if not publicly executed by pissed off Cypriots but also the Russian mob who have been laundering money thru the banks in Cyprus. Ivan will not stand by & watch 9.9% of their money snatched from them to be spent by crooked politicians without getting somebody’s head on a sharpened stick if for nothing else that shits ,grins & giggles.


23 posted on 03/18/2013 8:19:14 PM PDT by Nebr FAL owner
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson