Cyprus-Forum.com

[Milo]

There is a god With the ever weakening euro all the Brit Tourists will be back just to please O

The 'beer and chips' tourist brigade, that made many a Cypriot very rich over the years

Cyprus,s bank problems have nothing to do with Greece and everything to do with very unethical lending to Developers one Developer being chairman of a Bank!!, who is going to pay the loans back for them.

[vaughanwilliams]

Thank God it's the Greek Euro and not the Cypriot Euro that's going down the pan.

I thought the Euro belonged to everyone in the Euro Zone, including Cyprus and Greece, but GR, Milti, Oracle and Frag set me right on that and told me that Cyprus had its OWN currency which, just coincidentally I suppose, was also called the Euro.

So don't worry lads, your OWN Euro will be OK when the Greek Euro melts down.

Would GR, Milti, Oracle or Frag care to explain to the rest of us about this? A URL will do. Or does this this nonsense just mean that VW is taking you names in vain?



We should be told!

Hatter,

If they won't tell you, I will. I'm not taking their names in vain, I'm taking the piss out of the idiots who told me that RoC had its own currency.

[Gasman]

Surely you meant to say 'more discerning, high end of the tourist market' holidaymakers?



I am leaving in a mo for my osteopath in Oriklini - I will be driving right through what I call 'Gasometer City' along the seafront, nothing to soothe the eye for miles from the Port roundabout until you get to Oriklini. Metal fencing, razor wire, dust, stagnant water, dilapidated looking businesses. And they STILL put holidaymakers in hotels around there! (I'd ask to be moved immediately).

The comment about 'more discerning, high end tourist trade' always springs to my mind as I drive through. Not even a 'kiss me quick' hat or a bucket and spade in sight along there! Gawd knows what first time visitors arriving into LCA and being transferred to anywhere east of there think as they pass through.

My bank manager here told me it is Russian money keeping Cyprus out of trouble at present. Let's hope the Russians don't decide to 'change partners and dance'!

[vaughanwilliams]

So, from 2001 to 2009 apart from 2007, the TL has gained steadily on the dollar and seems reasonably steady ATM.
When the Euro goes tit-shaped, as it will soon, it will make the TL look like Swiss Francs.

Look, in 2010 the “New Turkish Lira” is STILL worth 1,490,000 old Turkish Liras! I hope you didn’t assume that anyone can just remove digits and get super rich overnight! To make things easier for you I’ve “converted” (added the digits back) to the table…

2001 — 1 U.S. dollar = 1,650,000 lira
2004 — 1 U.S. dollar = 1,350,000 lira
2007 — 1 U.S. dollar = 1,260,000 lira
2008 — 1 U.S. dollar = 1,550,000 lira
2009 — 1 U.S. dollar = 1,480,000 lira
2010 — 1 U.S. dollar = 1,490,000 Lira

Now, what were you saying again about the TL gaining ground and resembling the Swiss Franc?

Technically, all that Turkey has done is to ADD ANOTHER NOTE that represents a vast quantity of the old notes.

http://www.hurriyetdailynews.com/n.php? ... 2010-04-30
Can't see the bubbles swallowing this much pride,but it backs what I said about the TL/TR economy.

[Get Real!]

So, from 2001 to 2009 apart from 2007, the TL has gained steadily on the dollar and seems reasonably steady ATM.
When the Euro goes tit-shaped, as it will soon, it will make the TL look like Swiss Francs.

Look, in 2010 the “New Turkish Lira” is STILL worth 1,490,000 old Turkish Liras! I hope you didn’t assume that anyone can just remove digits and get super rich overnight! To make things easier for you I’ve “converted” (added the digits back) to the table…

2001 — 1 U.S. dollar = 1,650,000 lira
2004 — 1 U.S. dollar = 1,350,000 lira
2007 — 1 U.S. dollar = 1,260,000 lira
2008 — 1 U.S. dollar = 1,550,000 lira
2009 — 1 U.S. dollar = 1,480,000 lira
2010 — 1 U.S. dollar = 1,490,000 Lira

Now, what were you saying again about the TL gaining ground and resembling the Swiss Franc?

Technically, all that Turkey has done is to ADD ANOTHER NOTE that represents a vast quantity of the old notes.

http://www.hurriyetdailynews.com/n.php? ... 2010-04-30
Can't see the bubbles swallowing this much pride,but it backs what I said about the TL/TR economy.

What exactly did you see in this Turkish article that excited you and should you be reading Turkish articles?

Here’s Turkey’s IMF Credit Outstanding…

http://www.imf.org/external/np/fin/tad/ ... tegory=EXC


And from the World Bank…

“Turkey is the largest borrower in the Europe and Central Asia Region and it has been the third largest World Bank borrower in terms of new commitments of over US$1.5 billion during the last three years.”

http://www.worldbank.org.tr/WBSITE/EXTE ... 12,00.html


This one will bring tears to your eyes…

10 THINGS YOU NEVER KNEW ABOUT THE WORLD BANK IN TURKEY

http://digitalmedia.worldbank.org/tenth ... ro-tk.html

[cyprusgrump]

[Oracle]

It's all very sad.

We know the Greeks have a history of (rightly) questioning authority but nowadays too many foreign elements, less concerned with democracy and freedom of speech, descend just to cause pure mindless havoc. All those illegal immigrants sadly polluting Greece due to its proximity to lawless Turks and Albanians are having a field day. A better organised EU would have helped Greece control these wayward troublemakers from afar!

[Oracle]

There is a god With the ever weakening euro all the Brit Tourists will be back just to please O

With what money, you fantasist?

The Brits (60 million of them) are responsible for over half of all the credit debt in the WHOLE of the EU!

[apc2010]

Hey I am no rocket scientist but if you want a hand out (greece) don't have a 2 day strike and kill 3 tax payers ...

[Gasman]

They look like Greeks on my telly! Especially the big fat military blokes shouting the odds yesterday - they were wearing their uniforms. Not that I'd want someone with a big beer gut, no neck and sweating profusely to guard me.

The Greeks have a long history of civil unrest and rioting. But not surprised that O (Cyprus is Greek) is blaming foreigners and the EU!

Not long ago the EU were her heroes. They were going to fix everything that was wrong in Cyprus for her.

The Greeks would be cheeky to complain about the EU as they've had more money out of it than most.

My sympathies are all with the victims of these rioting bastards. Especially the young pregnant mum they killed.

Cradle of democracy?

I am just relieved that O did get it wrong about Cyprus being Greek and joined forever to Greece. If it were, it would be going right down the crapper with it at the mo. The only thing in Greece not going down the crapper is used bog paper.