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cyprus could default

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cyprus could default

Postby ZoC » Fri Dec 21, 2012 9:01 pm

S&P downgrades Cyprus on default fears

http://www.cbsnews.com/8301-505123_162- ... ult-fears/

"With the government's financing options increasingly limited -- coupled with what we view as the hesitant attitude of Cyprus' eurozone partners toward sharing the cost of a severe banking crisis -- we view the risk of a sovereign debt default as considerable and rising," S&P said.


Germany's Foreign Minister Guido Westerwelle said Friday that there are "appropriate aid mechanisms" for Cyprus, but that the country must first make "serious reforms" and achieve "real budget savings."


time for some decisive moves to assure eu lenders the island is completely serious about reforms....

christofias.jpg
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Re: cyprus could default

Postby GreekIslandGirl » Fri Dec 21, 2012 9:51 pm

Blah blah blah - heard it ALL before with Greece. America trying to destroy the Euro-zone. :roll:
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Re: cyprus could default

Postby ZoC » Fri Dec 21, 2012 9:56 pm

http://www.huffingtonpost.com/huff-wire ... r=homepage

Cyprus government spokesman Stefanos Stefanou played down the S&P downgrade, saying the country is "making every effort" to clinch a bailout accord and attributed any difficulties with doing so to squabbles among its euro partners.


another idiot that needs to be put in the stocks.
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Re: cyprus could default

Postby ZoC » Fri Dec 21, 2012 10:20 pm

GreekIslandGirl wrote:Blah blah blah - heard it ALL before with Greece. America trying to destroy the Euro-zone. :roll:


the deluded couple...

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Re: cyprus could default

Postby ZoC » Sat Dec 22, 2012 12:22 am

christofias rules out haircut

“We will not accept such a thing,” he stressed, replying to questions during a visit to a military camp.

gk_Christofias_UN.jpeg


http://famagusta-gazette.com/cyprus-rub ... 596-69.htm
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Re: cyprus could default

Postby georgios100 » Sat Dec 22, 2012 1:46 am

ZoC wrote:christofias rules out haircut

“We will not accept such a thing,” he stressed, replying to questions during a visit to a military camp.

gk_Christofias_UN.jpeg


http://famagusta-gazette.com/cyprus-rub ... 596-69.htm

Nice :lol:
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Re: cyprus could default

Postby mouflonrouge » Sat Dec 22, 2012 12:43 pm

ZoC wrote:
GreekIslandGirl wrote:Blah blah blah - heard it ALL before with Greece. America trying to destroy the Euro-zone. :roll:


the deluded couple...

christofias-elsie.jpeg


Sometimes you got to laugh.

I wonder who the EU's biggest trade partner is?
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Re: cyprus could default

Postby GreekIslandGirl » Sat Dec 22, 2012 9:13 pm

It's the USA's trade partners which matter if the USA is trying to keep the Euro in second place!

The USA's 4 top trading partners are Canada, China, Mexico and Japan!
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Re: cyprus could default

Postby ZoC » Sat Dec 22, 2012 9:26 pm

GreekIslandGirl wrote:It's the USA's trade partners which matter if the USA is trying to keep the Euro in second place!

The USA's 4 top trading partners are Canada, China, Mexico and Japan!


:roll:

your economy with the truth equals that of the president's...

as a single economy the largest trading partner with the us is the eu...

http://en.wikipedia.org/wiki/List_of_th ... ted_States
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Re: cyprus could default

Postby GreekIslandGirl » Sat Dec 22, 2012 10:04 pm

ZoC wrote:
GreekIslandGirl wrote:It's the USA's trade partners which matter if the USA is trying to keep the Euro in second place!

The USA's 4 top trading partners are Canada, China, Mexico and Japan!


:roll:

your economy with the truth equals that of the president's...

as a single economy the largest trading partner with the us is the eu...

http://en.wikipedia.org/wiki/List_of_th ... ted_States


Yet they trade with INDIVIDUAL countries! What does that tell you? Why should they need the EU to stay united when their partners are individual countries? Especially if united the Euro will replace the dollar among the oil-exporting countries (currently trading in dollars but ever threatening to trade in Euros - as lately of Saddam Hussein).
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