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der spiegel: greece on the verge of bankruptcy

How can we solve it? (keep it civilized)

Postby coremax » Wed Apr 08, 2009 12:55 pm

I just can't help wondering how those 'supersized' Obama posters end up in the hands of those villagers - they probably have their own industrial type plotters at home, as there's certainly no possibility of them being manipulated at all!

41 tanks? wow, I feel safe, where do we sign-up for one of those?
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Postby Raymanoff » Wed Apr 08, 2009 1:06 pm

they probably have their own industrial type plotters at home


:D :D :D true... this is so hilarious.
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Postby denizaksulu » Wed Apr 08, 2009 1:06 pm

kurupetos wrote:
turkkan wrote:Well after the countless discussions on whether you are greek or not, whether greece will help you in any eventual war or not, what it has done diplomatically to help you etc etc, i assume some issues related to greece will also affect cyprus.


First of all, I am Greek Cypriot, citizen of the Republic of Cyprus, EU member & independent country. If you care to know, the RoC is one of the most stable economies in the EU and hasn't been affected by the econ. crisis.

Thereby, I have nothing to do with the Republic of Greece and her economy, unlike my TC compatriots, who chose to steal some land, with the help of Turkey and form a pseudo state recognized by none, and by that they are completely dependent by the RoT.

Are you preparing for war against us? We are ready! We will fight with the help of Greece or alone. :wink:



If Cyprus has achıeved Enosıs wıth Greece through the EU. then mentıonıng Greece ıs faır game. Dont you see that? :lol:
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Postby Raymanoff » Wed Apr 08, 2009 1:08 pm

Cyprus has achıeved Enosıs wıth Greece through the EU

Why i keep reading this nonsense second day in a row? Alakse kasetta vre ilithie...
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Postby denizaksulu » Wed Apr 08, 2009 2:25 pm

Raymanoff wrote:
Cyprus has achıeved Enosıs wıth Greece through the EU

Why i keep reading this nonsense second day in a row? Alakse kasetta vre ilithie...


It is a claim made oft enough by some 'Hellenised' Cypriots.
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Postby EPSILON » Wed Apr 08, 2009 2:34 pm

Turkish lira hits six-year dollar low
By Delphine Strauss in Ankara

Published: March 5 2009 20:04 | Last updated: March 5 2009 20:04

The Turkish lira on Thursday hit a six-year low against the dollar as more analysts advised investors to cut exposure to Turkish assets or buy protection against sharper falls in the currency.

The lira fell to TL1.76 against the dollar, the lowest level since March 2003, before closing down 1.3 per cent at TL1.752. It has lost about 12 per cent of its value against the dollar since the start of the year.

EDITOR’S CHOICE
Turkey’s growth spurt comes to an end - Mar-31Growing Turkish ire due to job and wage cuts - Mar-03Turkey sees silver lining in strong euro - Feb-24Pressure intensifies for Turkey accord with IMF - Feb-09Turkey to renew IMF talks on financial package - Jan-27Turkey hit by grim growth data - Dec-15Turkey’s financial system has proved more resilient than that of many neighbours in eastern Europe. But investors assumed interest rate cuts by the central bank would be supported by a new deal with the International Monetary Fund ensuring fiscal discipline.

Now worries are growing over the government’s reluctance to reach agreement with the IMF before local elections in March.
Barclays Capital advised its clients to buy protection against short-term weakness in the lira, saying markets had not fully priced in the risks of a recession as big as that of the 2001 crisis, significant fiscal deterioration and rejection of the IMF. “Turkey is less of a safe haven than some people believe,” said Christian Keller, economist at Barclays Capital, though he noted further lira weakness could “tilt” policymakers to reach an IMF deal.

Lars Rasmussen at Danske Bank also recommends reducing exposure to Turkish assets and Ulrich Leuchtmann, currency strategist at Commerzbank, said: “My recommendation would be to get rid of your Turkish lira.”

Local brokerage Expres Invest predicted Turkish gross domestic product would fall 4.5 per cent this year, and that a high budget deficit was now a bigger risk than Turkey’s current account deficit.

The lira is notoriously volatile, thanks to heavy short-term trading by domestic investors. It is vulnerable to sudden slides. One banker in Istanbul described it as “the most dangerous point in the Turkish economy”.

Chris Scicluna, economist at Daiwa Securities, was more upbeat, saying the lira could look “competitive” once the economy turned the corner. “I’m certainly not bullish, but there are reasons not to totally despair.”

As you can see , some others already paking IMF-Future show
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Postby bill cobbett » Wed Apr 08, 2009 5:37 pm

kurupetos wrote:The RoC economy is thriving! We recently ordered the most modern, state-of-the-art main battle tank type of the Russian military: the T-90. 41 of them coming soon and they will be ready for you. :)


Image


Just what I need to get to a Free Kyrenia. Will I have to insure it at the "border" ?
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Postby YFred » Wed Apr 08, 2009 5:50 pm

Billogi Cobetulla, you will need more than usual 10 pound insurance for that one, don't worry, they will let you in with it, no fear.
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Postby bill cobbett » Wed Apr 08, 2009 6:33 pm

YFred wrote:Billogi Cobetulla, you will need more than usual 10 pound insurance for that one, don't worry, they will let you in with it, no fear.


Thanks for that Frederica. Think I'll go via Lourijina - guess what I'll do with that pointy thing and your bum. :lol:
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Postby Paphitis » Wed Apr 08, 2009 7:39 pm

bill cobbett wrote:
YFred wrote:Billogi Cobetulla, you will need more than usual 10 pound insurance for that one, don't worry, they will let you in with it, no fear.


Thanks for that Frederica. Think I'll go via Lourijina - guess what I'll do with that pointy thing and your bum. :lol:


Move over BillC. I am sure there is enough room for a Paphiti on the road to Kyrenia via Lourijina to dip that big pointy bit up YFred's Bum... :lol:
Last edited by Paphitis on Wed Apr 08, 2009 7:44 pm, edited 1 time in total.
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