The Best Cyprus Community

Skip to content


Russia is offering 5bn Euro, where is China?

Benefits and problems from the EU membership.

Russia is offering 5bn Euro, where is China?

Postby tsukoui » Sat Oct 06, 2012 1:03 pm

And we can't even beat the Japanese at tennis.

I don't understand this troika business. The Russians are offering a loan to recapitalize the banks. The troika seem to think we need more for the economy. They are willing to give it with strings attached. What is going on?
tsukoui
Regular Contributor
Regular Contributor
 
Posts: 1063
Joined: Thu Sep 30, 2010 9:10 pm

Re: Russia is offering 5bn Euro, where is China?

Postby B25 » Sat Oct 06, 2012 1:05 pm

Wake up man, you have been sleeping in the 'trnc' too long with your chums to notice this news is months old.
User avatar
B25
Main Contributor
Main Contributor
 
Posts: 6543
Joined: Wed Sep 30, 2009 7:03 pm
Location: ** Classified **

Re: Russia is offering 5bn Euro, where is China?

Postby tsukoui » Sat Oct 06, 2012 1:08 pm

B25 wrote:Wake up man, you have been sleeping in the 'trnc' too long with your chums to notice this news is months old.


I want someone to explain why we need the troika at all?
tsukoui
Regular Contributor
Regular Contributor
 
Posts: 1063
Joined: Thu Sep 30, 2010 9:10 pm

Re: Russia is offering 5bn Euro, where is China?

Postby B25 » Sat Oct 06, 2012 1:14 pm

tsukoui wrote:
B25 wrote:Wake up man, you have been sleeping in the 'trnc' too long with your chums to notice this news is months old.


I want someone to explain why we need the troika at all?


Are you serious? Our Politicians could economise their way out of a wet paper bag, and you ask this.

Seriously, sometimes drastic measures need to be seen as coming from an outside source so that the current government/management are not seen as the bad guys. Its a typical company ploy when they want to make shavings and savings and even job losses.

Don't they teach you anything over there???
User avatar
B25
Main Contributor
Main Contributor
 
Posts: 6543
Joined: Wed Sep 30, 2009 7:03 pm
Location: ** Classified **

Re: Russia is offering 5bn Euro, where is China?

Postby tsukoui » Sat Oct 06, 2012 1:32 pm

B25 wrote:
tsukoui wrote:
B25 wrote:Wake up man, you have been sleeping in the 'trnc' too long with your chums to notice this news is months old.


I want someone to explain why we need the troika at all?


Are you serious? Our Politicians could economise their way out of a wet paper bag, and you ask this.

Seriously, sometimes drastic measures need to be seen as coming from an outside source so that the current government/management are not seen as the bad guys. Its a typical company ploy when they want to make shavings and savings and even job losses.

Don't they teach you anything over there???


My economics is all one sided. I understand what's wrong with capitalism but I don't understand how to manage capitalism. The Chinese seem to be doing a good job in that respect, but they don't want to help us. Why?
tsukoui
Regular Contributor
Regular Contributor
 
Posts: 1063
Joined: Thu Sep 30, 2010 9:10 pm

Re: Russia is offering 5bn Euro, where is China?

Postby supporttheunderdog » Sat Oct 06, 2012 4:31 pm

The Chinese arn't doing so well eonomicaly at present - their export markets have shrunk so less money coming in....
User avatar
supporttheunderdog
Main Contributor
Main Contributor
 
Posts: 8397
Joined: Thu Oct 28, 2010 3:03 pm
Location: limassol

Re: Russia is offering 5bn Euro, where is China?

Postby tsukoui » Sun Oct 07, 2012 11:21 pm

supporttheunderdog wrote:The Chinese arn't doing so well eonomicaly at present - their export markets have shrunk so less money coming in....


Are they doing worse than Russia?

Is it not just that we are not attractive enough?
tsukoui
Regular Contributor
Regular Contributor
 
Posts: 1063
Joined: Thu Sep 30, 2010 9:10 pm

Re: Russia is offering 5bn Euro, where is China?

Postby Milti » Mon Oct 08, 2012 8:18 am

Cyprus's economy devastated by the Turkish invasion of 1974 soon recovered magnificently and was commended and regarded by many as a miracle. It will recover again, we have a brilliantly capable Finance Minister in Vasos Shiarlis, a man I got to know well way back in the early 70s, his brother, also a brilliant Economist, Tony Sharlis, both born in Trikomo, lived with me and my family while studying in London for seven years. I know that Mr Shiarlis is adequately and educationally equipped to lead Cyprus out of its economic difficulties. We did it before under far more strenuous circumstances we shall do it again.
Milti
New Member
New Member
 
Posts: 9
Joined: Sun Jan 15, 2012 2:34 pm

Re: Russia is offering 5bn Euro, where is China?

Postby italiano » Mon Oct 08, 2012 10:53 am

Milti wrote:Cyprus's economy devastated by the Turkish invasion of 1974 soon recovered magnificently and was commended and regarded by many as a miracle. It will recover again, we have a brilliantly capable Finance Minister in Vasos Shiarlis, a man I got to know well way back in the early 70s, his brother, also a brilliant Economist, Tony Sharlis, both born in Trikomo, lived with me and my family while studying in London for seven years. I know that Mr Shiarlis is adequately and educationally equipped to lead Cyprus out of its economic difficulties. We did it before under far more strenuous circumstances we shall do it again.



So....great Finance Minister.....but Cyprus in great recession.....needing for financial help....Smth its quite unclear here....It sounds that your Finance Minister is not that great one if your Country is now in financial needs...
But should be a good idea not receive any money from outside...and count only on this great man....and leave these money going to other Countries, not so selfish as Cyprus..
italiano
New Member
New Member
 
Posts: 12
Joined: Wed Aug 08, 2012 4:06 pm

Re: Russia is offering 5bn Euro, where is China?

Postby cyprusgrump » Mon Oct 08, 2012 11:07 am

Milti wrote:Cyprus's economy devastated by the Turkish invasion of 1974 soon recovered magnificently and was commended and regarded by many as a miracle. It will recover again, we have a brilliantly capable Finance Minister in Vasos Shiarlis, a man I got to know well way back in the early 70s, his brother, also a brilliant Economist, Tony Sharlis, both born in Trikomo, lived with me and my family while studying in London for seven years. I know that Mr Shiarlis is adequately and educationally equipped to lead Cyprus out of its economic difficulties. We did it before under far more strenuous circumstances we shall do it again.


Sadly, Cyprus is now embroiled in the EU/€uro nightmare and her finances are largely beyond her control.
User avatar
cyprusgrump
Main Contributor
Main Contributor
 
Posts: 8520
Joined: Thu Sep 01, 2005 4:35 pm
Location: Pissouri, Cyprus

Next

Return to Cyprus and the European Union

Who is online

Users browsing this forum: No registered users and 0 guests