Cyprus-Forum.com

[shahmaran]

Racism disguised as patriotism is shameful. I hope the government acts to punish these 'nationalists'.

Racism, fascism, and Greek nationalism was in the streets of the Larnaca by the shadows of Greek flags as we have seen at below u tube video

http://www.youtube.com/watch?v=BlXk4ogvrY4

Not 1 Cypriot flag around either.

What a disgrace, absolutely fucking shameful.

[denizaksulu]

Racism disguised as patriotism is shameful. I hope the government acts to punish these 'nationalists'.

Racism, fascism, and Greek nationalism was in the streets of the Larnaca by the shadows of Greek flags as we have seen at below u tube video

http://www.youtube.com/watch?v=BlXk4ogvrY4

Not 1 Cypriot flag around either.

What a disgrace, absolutely fucking shameful.

I counted three RoC flags amongst the Greek flags. Hardly counts, does it?

[denizaksulu]

Hmmm...........some look white........peace flags?

[miltiades]

Also it is not accident that in Cyprus we have a good democracy and a good economy. We worked hard to make Cyprus what it is today, it was not an accident, and we even had to overcome the problems that the Turks created to us!

If you truly believe these absurd statements then you are seriously deluded.

Cyprus is 2nd behind only Italy in being the most 'in debt' country in the EU. So worried are they that the debt of Cyprus has been discussed by the European Commission.

Even more of a tragedy is that you think that Cyprus has worked hard to get where it is today. Carry on digging yourselves into a hole that any sane administration would fight tooth and nail to get out of. Cyprus increasingly sinks towards being, if some think that it is not already there, a third world country.

What utter rubbish , check your facts before posting crap.
You measure a nations debt as as % of GDP .
Italy is , as you say numero uno.
Then Greece 108% , Belgium 99% France 79% Germany 77% Portugal 75% UK 68% Malta 66% Ireland 63% Spain 59 Poland 47 where is Cyprus mate , Find out here http://www.economicshelp.org/blog/econo ... y-country/
As for Cyprus about to become a third world country let me remind you what criteria is used to determine a nations standing.
Infant mortality rate , average life span , health care , Pensions , absence of ...honour killings , women wearing bikinis when going swimming ,topless Not a Crime , clean shaven NOT a crime , SEX OUTSIDE MARRIAGE NOT A CRIME , SCARFLESS WOMEN NOT A CRIME.
Judge wich nation is a third world one, almost forgot , equality of women !!!

[shahmaran]

Also it is not accident that in Cyprus we have a good democracy and a good economy. We worked hard to make Cyprus what it is today, it was not an accident, and we even had to overcome the problems that the Turks created to us!

If you truly believe these absurd statements then you are seriously deluded.

Cyprus is 2nd behind only Italy in being the most 'in debt' country in the EU. So worried are they that the debt of Cyprus has been discussed by the European Commission.

Even more of a tragedy is that you think that Cyprus has worked hard to get where it is today. Carry on digging yourselves into a hole that any sane administration would fight tooth and nail to get out of. Cyprus increasingly sinks towards being, if some think that it is not already there, a third world country.

What utter rubbish , check your facts before posting crap.
You measure a nations debt as as % of GDP .
Italy is , as you say numero uno.
Then Greece 108% , Belgium 99% France 79% Germany 77% Portugal 75% UK 68% Malta 66% Ireland 63% Spain 59 Poland 47 where is Cyprus mate , Find out here http://www.economicshelp.org/blog/econo ... y-country/
As for Cyprus about to become a third world country let me remind you what criteria is used to determine a nations standing.
Infant mortality rate , average life span , health care , Pensions , absence of ...honour killings , women wearing bikinis when going swimming ,topless Not a Crime , clean shaven NOT a crime , SEX OUTSIDE MARRIAGE NOT A CRIME , SCARFLESS WOMEN NOT A CRIME.
Judge wich nation is a third world one, almost forgot , equality of women !!!

All of the above are also free in Bolivia, one of the worlds poorest country.

I take it Bolivia is up there with Cyprus, amongst the worlds 1st World countries?

[Jack M]

You're quoting 2009 figures.

In the first 3/4 of 2010 Cyprus debt has risen to 105% of GDP and is rising further, rapidly.

[miltiades]

You're quoting 2009 figures.

In the first 3/4 of 2010 Cyprus debt has risen to 105% of GDP and is rising further, rapidly.

Try reading the whole article : here it is :
ACCORDING to the latest figures to be released, Cyprus’ debt to domestic and foreign creditors in the third quarter of 2010 reached €17.8 billion. This corresponds to 105% of the Island’s Gross Domestic Product and places Cyprus second in the list of the most ‘in debt’ countries in the euro area behind Italy.

However, the official calculation of the public debt in 2009 as reported in the Eurostat tables was 58%; one of the lowest in the euro area.

According to StockWatch, the discrepancy between the two calculations is mostly due to the “invisible” debt to the Social Securities Fund. Unlike the corresponding pension funds in developed countries, the Social Securities Fund is relatively new and still shows annual surpluses and an accumulated reserve estimated in excess of €7 billion.

The government has borrowed a large part of this reserve at an exceptionally low interest rate. For example, in the third quarter of 2010, the government borrowed €7.1 billion.

This is regarded as intergovernmental borrowing and achieved via 13-week bills, which explains why it is not included in the official public debt calculations. In addition, Cyprus is one of the few countries able to make this accounting “trick”.

So although the total public debt has reached €17.8 billion, the “official” debt is approximately €10.5 billion, which corresponds to 62% of the Island’s GDP.
Pay special attention to the notes concerning the “invisible” debt to the Social Securities Fund !!!
Dont worry mate Cyprus is a long way down the list of countries with high debt rate as a % of GDP.

[Jack M]

You tell me to read the whole article then only quote parts of it.

I like the bit about Cyprus being one of few countries to make this accounting 'trick'.

Just because the debt is 'invisible' doesn't mean it doesn't exist.

[CyprusNewsReport]

Racism disguised as patriotism is shameful. I hope the government acts to punish these 'nationalists'.

Racism, fascism, and Greek nationalism was in the streets of the Larnaca by the shadows of Greek flags as we have seen at below u tube video

http://www.youtube.com/watch?v=BlXk4ogvrY4

To be fair, in my opinion the Greek flag was misused by those racists. Any flag except the (now defunct) swastika would have been misused.