Cyprus-Forum.com

[CBBB]

Clearly Cyprus should leave the €uro!

The €uro experiment was going to be a disaster from the start - you simply can't join the economies of countries like Germany and Cyprus together - their needs are so different.

The only way to make the €uro work is to give up sovereignty and accept ever closer political and economic union. In effect Cyprus would be run and ruled from the unelected in Brussels.

Who wants that?

Deutschland, Deutschland uber alles!!

Today Zypern, tomorrow ze vorld!!!!

[cyprusgrump]

Elected unelected, can't be any worst than we got now, can it.

Oh yes, it can get much, MUCH worse than it is now!

These unelected people want a federal Europe, you can never vote them out and they want to control every aspect of your lives...

[GreekIslandGirl]

First of all, just talking about it can harm the economy ...

This is so true.

They (Brits mostly) know about this and that's why they do it. Trained since WWII that "Careless talk costs lives" and "Keep it under your hat!" But, for everyone else, they generate an atmosphere of mistrust and insecurity and sit back and watch economies burn. When the Brits make a mistake they hush things up as quickly as possible - when we make a mistake we analyse it sooo publicly (which in the old days of learning was a good thing) that it gives other countries ammunition to pretend we are useless!

It's why they picked on Greece and how they 'justified' increasing Greece's interest rates to such crippling levels. It just helps the bankers and it's so stupid to keep passing on these rumours and hoaxes (but maybe that's why people like STUD do their dirty work for them).

[YIANNIS_GEO]

I'm not expert. However I think this is a bad idea.
Peoplw will only have to work litle more and spend little less

[supporttheunderdog]

As usual we have a paranoid anti-British rant from that deluded Athenocentric, GiG.

I would point out that beyond asking the question I have made no observation one way or the other about Cyprus leving or staying in the Euro.

Nor have I initiated discussion on this topic but it was most recently raised by the Akelite presedential hopeful so blame him not the brits for careless talk, which may or may not be further damaged beyond what the AKEL government under Toff and the Cypriot *ankers have manged with out British help.

[supporttheunderdog]

What should be done is to get the state smaller and more efficient. Cut the red tape. Greatly reduce the number of municipalities. Turn the government into e-government and have everything (apart maybe from the military) run online and transparent. Privatize whatever can be private. Understand the sectors that Cyprus can be competitive and support those sectors. Those who work in sectors which are not competitive should be helped to move to other sectors. To unemployed people, asylum seekers etc do not just give benefits, have them do something in order to get the benefit, e.g. clean up Cyprus - anybody can do that. In education, support those who study subjects that are needed by our economy - if somebody wants to study something different he shouldn't expect any support from the state or any unemployment benefits when he will not be able to find work, etc

I think most of that should happen in any event, whether or not Cyprus stops in our out of the Euro. I am not certain that Cyprus will ever be given the option about leaving the Euro - there remains a prospect it will collapse of its own accord.

I dont have an objection to the common currency - indeed a common medium of exchange has much to commend it - and I think that leaving the Euro will be very very painful for the ordinary person: my concerns are rather more fundndamantal about the EU itself as a centralised organisation largely run by an unelected Beaurocracy with only minimal control by any elected body since in my view the EU as curently propounded is intended to acheive by stealth what Napolean, and Hitler failed to do, and the Euro as it now exists is a tool designed to facilitate financial control, with the consequences on sovereignty. Still we have our Enosis with the Brussels based regime and must now live by their rules, which includes dictation on economic and financial policy, and through that all aspects of Government.

The Brits, not being in the Euro, have only a limited say in the process.

[GreekIslandGirl]

Nor have I initiated discussion on this topic but it was most recently raised by the Akelite presedential hopeful so blame him

Many things get raised but you choose whatever you can cause most trouble with. Your powers of selective reading surpass those of the most renown enemies of Cyprus. Does the UK fare better for being out of the euro? Is the US thriving? Or is this a global problem being fought mostly by the Euro and the Dollar and only the enemies of the Eurozone would be interested in propagating false rumors of fragmentation under the pretext of a debate.

[Get Real!]

Paranoia!

[supporttheunderdog]

I think your imputaion of motives shows you for what you are: are you some sort of witch with mind reading powers - some sort of delphic Oracle, did our own little star see something in the stars?

Was not your own trollish limerick post about GR not designed to be provocative ?

what your reaction been if for example Yialoser or Kuruptos or B25 or Piritis had opened up this debate? would your first post have been

More USA puppets from the UK jumping on any opportunity to wish ill on the Euro and EU.

?

we have actually had some pretty objective comments on the effects on Cyprus but you seem unable to constructively contribute - rather in your second post you trot out Greece and try to blame Britain - just like a broken record stuck in grove with your anti British Athenocentric point of view.
.
The point remains that a senior politcal figure has raised the prospect of Cyprus leaving the Eurozone and I think all of us who live and work in and who love Cyprus must look very carefully indeed at the consequences of staying in or exiting the Euro. Some people have said that such talk is damageing to the economy but the Economy is already damaged. Indeed the only reason this debate exits is because the economy is already damaged.

Even today there were press reports that the Government does not have cash to pay sums due to public servants for overtime, etc. , so the question iis where dooes the money come from? (where has the 5 billion russian loan , that was meant to last all year gone?)

The big questions is how do we repair it, of which a subsidiary question is can we do it better in or out of the Euro. Nothing malicious or in any way in discussing what is best for \cyprus and the Cypriots - which may not be what would best serve foreign interests.

[wyoming cowboy]

Forget the media hype,about Greece and Cyprus leaving the euro, that's not going to happen. Speculators make billions on hype. They've been making billions for the past 4 years and even trillions. Note the price of euro three months ago compared to the dollar and today there's enough Of a gap to make a profit. Governments may even do it. The euro is here to stay. Cyprus ain't leaving the euro and neither will Greece. Hydrocarbons in both these countries will ultimately strenghthen the euro significantly in the future, through infrastructure building and domestic consumption.(Dutch desease) Why would these two countries be allowed to leave the eu when ultimately they will be used to strengthen the euro. Isn't it odd that over and over the story is the same that bank is going under this government can't pay it's debt and then somehow someway things are smoothed over money found and the day is saved and in few days forgotten, until it's time to do it again.