Cyprus-Forum.com

[CBBB]

Its all show.....you know my views on Turkeys EU membership I have viewed them enough times.

The real joke is you people, what happens to your leverage if turkey does not want EU membership? where it is today nowhere me thinks.

Gas, EU, USA, Israel, that will do for now.

[Viewpoint]

Its all show.....you know my views on Turkeys EU membership I have viewed them enough times.

The real joke is you people, what happens to your leverage if turkey does not want EU membership? where it is today nowhere me thinks.

Gas, EU, USA, Israel, that will do for now.

All talk no actual product. Nothing has hatched you have not only counted your chickens but sold them to the highest bidder.

[CBBB]

Its all show.....you know my views on Turkeys EU membership I have viewed them enough times.

The real joke is you people, what happens to your leverage if turkey does not want EU membership? where it is today nowhere me thinks.

Gas, EU, USA, Israel, that will do for now.

All talk no actual product. Nothing has hatched you have not only counted your chickens but sold them to the highest bidder.

Yes, and soon the money will start coming in.

[CBBB]

OK, had enough of suffering fools! In these hard economic times, I think I will go and have a swim in my pool, drink another KEO, and then go and have a nice air-conditioned sleep.

[dinos]

(Reuters) -S&P cuts South Cyprus rating to BBB+ on fiscal worries

Standard & Poor's cut South Cyprus's credit rating by one notch on Friday and warned another cut was possible, deepening economic gloom for the island struggling with its worst peacetime disaster and mounting speculation it might be forced into an EU bailout.

This is irrelevant - the ratings agencies sell their ratings to the highest bidder. S&P also cut the US rating...and not France's? S&P had rated Lehman AAA, Bear Sterns AAA, untold tranches of sub-prime mortgages AAA...and have generally been a money-losing bunch of morons lately. I see that S&P lowered Turkey's rating outlook to negative. Does that mean that Turkey is headed straight to the abyss? The answer is no, and to tell you the truth, I am not hoping for turmoil in Turkey as it sucks watching people deal with that kind of crap. It just takes a very small man to delight in someone else's suffering.

This said, I can't agree with folks opining that nothing is wrong in Cyprus. There are some things out there that require straightening out (to the tune of several billion Euros). While painful, I just don't think it to be an insurmountable task. To re-state, there's exposure in Cyprus to Greek debt for sure and it needs to be resolved / written off. I just can't see it destroying the country's economy though.

[Viewpoint]

What I was trying to do was point out is that the south is not sound as the GC want to make out.

[Hermes]

This said, I can't agree with folks opining that nothing is wrong in Cyprus. There are some things out there that require straightening out (to the tune of several billion Euros). While painful, I just don't think it to be an insurmountable task. To re-state, there's exposure in Cyprus to Greek debt for sure and it needs to be resolved / written off. I just can't see it destroying the country's economy though.

Fair point. The problem is getting all the parties to agree on any new measures. As long as the main political parties can sacrifice their own agendas for the country's interest then there is a way forward. At the moment Christofias is weak and the opposition in no mood to help him out. What Cyprus needs is a new government with a new mandate - but there are no signs that Christofias understands that loss of faith in his leadership is a problem.

[Viewpoint]

At last some sense.

[CBBB]

At last some sense.

Now all that is necessary is for Turkey to see some sense.

[Viewpoint]

At last some sense.

Now all that is necessary is for Turkey to see some sense.

Or South Cyprus.