Source: Reuters – Tue, 30 Apr 2013 05:30 AM Author: Reuters By Michele Kambas, Stephen Grey and Stelios Orphanides NICOSIA, April 30 (Reuters) – One day last October, a memory stick containing special software for deleting data was placed into… Read More ›
Cypriot
Cyprus bail-out vote stirs fresh jitters as slump fears grow in Europe
Cyprus has stunned EU officials by ordering a vote in its parliament on the terms of the EU-IMF Troika bailout for the country, risking a rejection by angry lawmakers and a fresh eruption of the crisis. The Cypriot parliament threw… Read More ›
EMU plot curdles as creditors seize Cyprus gold reserves
By Ambrose Evans-Pritchard Economics Last updated: April 11th, 2013 Cyprus has agreed to sell gold reserves to raise around €400m. (Photo: Alamy) First they purloin the savings and bank deposits in Laiki and the Bank of Cyprus, including the… Read More ›
Cypriot president withdrew $21m days before Bank Seized Accounts : Treason
Monday, 01 April 2013 News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media… Read More ›
‘Risk of a euro exit by Cyprus is substantial’ – Moody’s
Moody’s Photo: EPA After a disastrous bailout of the Cypriot banking system, one of the world’s top rating agencies downgraded the sovereign rating of Cyprus. One of the concerns cited by Moody’s is the possibility of Cyprus leaving the eurozone…. Read More ›
Luxembourg is the next Cyprus
Jean Asselborn, Minister for Foreign Affairs and Immigration of Luxemburg Photo: EPA The offshore countries of the European Union are gripped by fear. No one wants to repeat the fate of Cyprus but it seems that the European authorities are… Read More ›
Cyprus bank controls to last a month, minister says
EEV: Real News from Cyprus has become difficult to obtain. Search engines seem to have been re-prioritized for unknown reasons. * For those looking for accurate news from Cyprus, I recommend http://www.cyprus-mail.com/ – . Customers queue up outside… Read More ›
Russian businessmen succeeded in getting their money out of Cyprus before the Levy
Russian oligarchs have outsmarted the EU © Flickr.com/ranil/cc-by-nc-sa 3.0 Judging by the russophobic rhetoric of the European authorities and the European media, the rationale behind the artificially created Cypriot crisis was to expropriate the money from “Russian accounts” held in… Read More ›
Nicholas Papadopolous, chairman of the Cypriot parliament’s finance committee, said “They wanted to send a message that the Cypriot economy ought to be destroyed”
Russians aware Germany is stealing their money in Cyprus PDF Print E-mail Monday, 25 March 2013 Russia clashed with Germany today over a €10 billion bailout to rescue Cyprus from bankruptcy and stop a wider economic crisis. Russian Prime Minister Dmitry… Read More ›
Cyprus, Troika agree to 20% tax on deposits over 100,000 euros at Bank of Cyprus
EEV: Need 2n confirmation. This is the first story in Published time: March 23, 2013 18:31 Edited time: March 23, 2013 19:20 Bank workers shout slogans during a protest outside Cyprus presidential palace in Nicosia on March 23,… Read More ›
Tense in Cyprus, National Guard burns German Flags
Friday, 22 March 2013 Cypriot national guard soldiers have removed German flags from two building and burn them. The buildings housed German soldiers who are engaged in UN peace mission in Lebanon. Bank employees are protesting in Nicosia, earlier in… Read More ›
Europeans set up financial blockade of Cyprus
Photo: EPA Jacques Sapir, PhD in economics, head of the Center for Studies of the Modes of Industrialization at the French Institute of Social Sciences, one of the leading French specialists in the area of defense economics, a specialist on… Read More ›
EuroGroup insists Cyprus must tax deposits
Photo: EPA The EuroGroup has rejected the Cypriot plan to raise billions of euros for addressing debt problems by nationalizing pension funds and issuing bonds backed by the promise of massive oil and gas profits. 0Reports say it continues to… Read More ›
What if the real reason behind the whole Cyprus crisis is the desire to confiscate the country’s gold?
Could Cyprus’s gold reserves play a part in the crisis? Photo: RIA Novosti The Cyprus bailout proposal made by the Eurogroup is both economically and politically absurd. But what if the real reason behind the whole Cyprus crisis is the… Read More ›
Cyprus rejects bailout deal leaving eurozone facing fresh crisis: May get Loan From Russia
Cash-strapped nation expected to seek funding lifeline from Russia after dramatic no vote in country’s parliament Angelique Chrisafis in Nicosia and Jill Treanor The Guardian, Tuesday 19 March 2013 A Cypriot protester outside the country’s parliament after hearing… Read More ›
Cyprus rescue in chaos as MPs reject bail-out
Nation could face bankruptcy within weeks after terms of £10bn package are voted down Charlotte McDonald-Gibson, Nathalie Savaricas Tuesday, 19 March 2013 Cyprus stood on the brink of bankruptcy tonight after its parliamentarians voted down a bailout deal that would… Read More ›
Frantic day ahead as EU tells Cyprus it can rethink controversial bailout terms as key vote postponed
Cyprus postpones crucial vote on controversial bank deposit levy as stocks plummet around the world John Hall, Charlotte McDonald-Gibson, Nathalie Savaricas Monday, 18 March 2013 German and European bank officials have said Cyprus can amend the terms of its €10… Read More ›
Cyprus savings levy: questions and answers : Levy will be on Average Balance, withdrawing money will not save you
All the issues, causes and consequences of a forced levy on savers at Cypriot banks as part of the eurozone rescue package Graeme Wearden guardian.co.uk, Sunday 17 March 2013 10.06 EDT People try to withdraw money from a cashpoint… Read More ›
Tomorrow, Cyprus could vote to leave the euro. This is political dynamite: “If Cypriot depositors are forced to pay today, why not Spanish ones tomorrow “
By Mats Persson Economics Last updated: March 17th, 2013 There are two ways to look at the hugely controversial bailout agreed for Cyprus in the early hours of Saturday morning, in which the small island nation – accounting for only… Read More ›
Cyprus Bail-Out Unfair, short-sighted and self-defeating: Will anyone ever put their savings in a Eurozone Bank again ?
Unfair, short-sighted and self-defeating Mar 16th 2013, 14:54 by A.P. IT IS not a fudge, but it is still a failure. The euro zone’s bail-out of Cyprus, which was sealed in the early hours of Saturday, did get the bill… Read More ›
A look at Cyprus’ decision to tax depositors : Euro and the IMF resorts to absolute theft
By SARAH DiLORENZO AP Business WriterAssociated Press Posted: 03/16/2013 09:16:15 AM PDT March 16, 2013 7:15 PM GMTUpdated: 03/16/2013 12:15:23 PM PDT PARIS—People with bank accounts in Cyprus were shocked Saturday to learn that as part of an … Read More ›
Cyprus people ‘shocked’ with bailout terms: EuroGroup wants to tax Bank Deposits
Please refer to Update: Latest Update: It is apparent that Reuters is running a similar story that is there is no run on the banks, and foreigners accounts are safe. Cyprus parliament to vote on savings levy The following… Read More ›
Engineering Evil 