Skip to comments.Cyprus parliament rejects haircut bill
Posted on 03/19/2013 11:40:40 AM PDT by abb
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Because I’m against Germany’s designs on smaller European countries?
the haircut being rejected, now the German barber will keep his money and not make additional loans to subsidize the Cypriots
Actually Cyprus is an independent country and NOT a part of NATO.
If there were two historic empires I could’ve visited, it would’ve been the Russian Empire and the Ottoman Empire. With the Russians, during the reign of Peter the Great, and with the Ottomans, Suleiman the Magnificent. The zenith of both empires, and I have no doubt it would’ve been fascinating.
In regards to Cyprus, I think they’re gambling that Russia will offer them a better deal but as with any deal, the devil’s in the details. I’d be wary of making a deal with the Russians - or the Turks for that matter - as any deal you strike with both of them would benefit them enormously, and you......not so much.
Most likely, the Cypriots will be back in front of the EU in a week, begging bowl in hand, especially once Bank of Cyprus and Laika Bank are declared insolvent.
That should happen about 20 minutes after they open.
It will be interesting to see what Russia offers, especially once they think Assad is toast, and their base at Tartus, is in jeopardy.
That would be highly interesting.
If the Cypriots miscalculated on this, and the Russians don’t step up - for whatever reason - I see them frantically flying to Brussels, and hoping that the deal is still on the table.
I doubt they or the rest of the NATO alliance would countenance a Russian base on a NATO member's soil
There is no strategic sense at all to that for anyone
NATO membership is looking pretty useful to Turkey about now, given the deterioration of Syria and Iran's future ICBMs
Now, a deal between Cyprus and Russia for the sale ...... err, “development” .... of Cyprus’ supposed offshore natural gas fields - is potential Russian domination of the Central Med by another means
yeah they are independent of Turkey and Greece- right
But very few countries actually recognize Turkish claims on the island. I would be surprised if NATO would, seeing as how Greece, in particular wouldn’t care for it.
Greece, yes. And nobody recognizes “North Cyprus”, other than the Turks.
It’s not an EFFIN’ “haircut”. It is despotic theft. And similar actions are forthcoming until there is serious resistance that *forces* it to stop.
This is why the framers of the Constitution included the 2nd amendment.
well, since the Brits have a base on the southern end of Cyprus with 3000 troops stationed, I would guess you strategists would expect Russia to build its conjectured “military base” in the Turkish enclave
Like this all fits together
all Russia has wanted from Cyprus is a “safe” place for the new money (old KGB and mafia) to park its money. I doubt the conjecture the Russians are manuevering the EU/Germans into changing the terms of their offshore banking arrangement. If Putin knew this was coming, the Russian money in Cyprus banks would have been gone last week
There’s a Russian presence in the TRNC, albeit a civilian one. The Turks there grumble about “Russian gangsters and their Natasha’s” or “Russian mafiosi and their peroxide molls.”
I don’t think Putin knew this was coming, or as you said, the money would’ve been gone sometime last week. There were rumors last week, however, that something like this was in the works, so it’s possible some far-sighted Russians got their money out of their and moved it to London, Frankfurt, etc.
>>>The “ex”-KGB agent who stole the election and continues on as Dictator is protecting his people?<<<
I know you said this of Putin but there’s some people who would say exactly the same thing about Obama.
A little bird just whispered into my ear that all banks are to remain closed until Tuesday, March 26th.
Little bird being a friend/former student in Famagusta, TRNC who works in the banking sector.
She’s heard it through the financial grapevine, but she cannot guarantee its accuracy.
It was both. And let’s forget the Venetian Empire as well.
And the Roman Empire and the Byzantines as well.
Busy little island. :)
Oops. Make that “let’s not forget the Venetian Empire”, though they were rather forgettable.
Yes left wing politicians do not inspire confidence in the electoral process...both are scum.
The problem is much more with the voters in Cyprus, along with the rest of the smaller European countries, than it is with whatever utopian (and self serving) fantasies the Germans may have about the EU.
This is a simple people problem, it's not some nefarious conspiracy. People are electing/supporting big social welfare government and they are going broke and being taken advantage of by creditors. Simple as that. If Cyprus hadn't run up a huge debt from financing a massive public sector, they wouldn't be going to Germany begging for handouts. It's no different from a person who runs up high credit card debt and turns to shady creditors avoid going bust (but only delaying the inevitable).
Not to mention:
the ancient Egyptians
the Greeks and Macedonians under Alexander
Richard the Lionheart of England
the Knights Templar
the French under Guy de Lusignan
I would think Putin would also be interested in developing the natural gas reserves in the area. Cyprus would put the Russians pretty close to the large gas fields the Israeli's have next door
That gas field is why I suspect the Russians and the Israelis are about to become bosom buddies.
Good. Tell the Eurocrats to go hang themselves.
LOL. The crossroads of empires.
It is what makes Cyprus such an interesting place to visit. We’re talking history going way, waaaaay back.
And the weather and the people. Though I would say on the Northern side, the Turkish Cypriots are a damned sight more agreeable than the “settlers”, most of whom are a rather sullen lot.
Well, that’s true. lol I’m ready to do that now (or at least escorting them out, tar & feathers optional).
ouch, that’s got to leave a mark on people who need cash!
An interesting lesson for us to be prepared, sad times for the people of Cyprus :-(
They’re blaming the Eurozone in a political ploy to deflect responsibility.
Has anyone said definitively when the banks will reopen? Or if they will?
When we gave Cyprus its independence in 1960, we kept two bases:
Yes the character of the KKTC has changed dramatically during the last few years. The Cypriot Turks, Europeanized and highly secular, now are greatly outnumbered by the settlers, most of whom were peasants from Eastern Turkey, with large numbers of Kurds. Tensions are growing.