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bank deposits

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Re: bank deposits

Postby Lit » Tue Mar 19, 2013 12:19 am

Hi Gig...i hope all is well! All eyes glued on Cyprus tomorrow.

Interesting times...
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Re: bank deposits

Postby B0B » Tue Mar 19, 2013 12:20 am

do you really think anyone with cash account of more than 100 000 cares to buy future gas shares with it?
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Re: bank deposits

Postby supporttheunderdog » Tue Mar 19, 2013 6:54 am

kurupetos wrote:
supporttheunderdog wrote:
kurupetos wrote:
Sp_Observer wrote:Fuck the IMF and leave the UE, you have plenty of gas and a lot of british tourists and russian tourists that would be willing to come to your shores.

There are also a lot of Turks who are eager to steal more land from us if we exit the EU. We only entered the EU for political reasons. Thanks for the support.


And the EU shafted us....Try to climb into bed with Russia and expect the USA to be behind more steps to control Cyprus, as they did in 74....

I hear there are lots of Russians on the way with empty suitcases...

We shouldn't want any more Russian/EU money. :roll: We should pay all debt from the deposits and forget about it.

It's time for a real economy and not some fake money-laundering bubble.


There will be lot less Russian Money here as soon as the accounts are unlocked....hence the empty suitcases, so expect a cash flight to the Middle and Far east, anywhere but within, in this order, Cyprus, the EU, Europe in General,

There are a number of Russians already selling up fast and bailing out,,,,property and cars on offer at Bargain basement prices....
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Re: bank deposits

Postby cyprusgrump » Tue Mar 19, 2013 8:18 am

GreekIslandGirl wrote:
My concern with all this as that the smaller investors are Cypriots; whereas the bigger investors are foreigners. The foreigners will end up being offered all these shares in the Banks and Gas and the Cypriots will get nothing.



That is so often your problem, you see everything in black and white...

Foreigners = Nasty, tax-dodging rich people conspiring against Cyprus
Cypriots = Hard-working, poor tax payers being screwed by 'The Foreigners'

The reality of course is that while everybody appreciates that the Russians have brought a load of cash here, there will be a distribution of people in both camps. I know of both rich Cypriots and poor foreigners that are deeply concerned by this move.
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Re: bank deposits

Postby Oceanside50 » Tue Mar 19, 2013 8:49 am

Just an announcement of such an economic move could have bad effects ..the point of all these moves by the Eu shows a seriousness of cyprus' hydrocarbon reserves and it's importance...the eu doesn't want the Russians oligarchs anywhere near the eu's hydrocarbons.....that's what all this is all about...
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Re: bank deposits

Postby GreekIslandGirl » Tue Mar 19, 2013 11:44 am

cyprusgrump wrote:
GreekIslandGirl wrote:
My concern with all this as that the smaller investors are Cypriots; whereas the bigger investors are foreigners. The foreigners will end up being offered all these shares in the Banks and Gas and the Cypriots will get nothing.



That is so often your problem, you see everything in black and white...

Foreigners = Nasty, tax-dodging rich people conspiring against Cyprus
Cypriots = Hard-working, poor tax payers being screwed by 'The Foreigners'

The reality of course is that while everybody appreciates that the Russians have brought a load of cash here, there will be a distribution of people in both camps. I know of both rich Cypriots and poor foreigners that are deeply concerned by this move.


Everyone's concerned because no one knows what the outcome will be for Cyprus. But it was categorically stated this EU-Russia move was because there was soooo much foreign (British and Russian) money in the banks! The Russians want to own the banks. The EU wants to hold on to them. Add the Gas to all that and I can only hope someone remembers Cyprus NEEDS to remove the Turks in exchange for these goodies!
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Re: bank deposits

Postby boomerang » Tue Mar 19, 2013 12:31 pm

You got Turks on your mind.....the eu plan is to separate Cyprus from Russia....the decision has been made on bank haircuts...the discussion has moved on how much to burn the Russians...10% or 15% is neither here or there and is not the issue at hand...the issue at hand is how the Russians going to retaliate...start swarming the north perhaps?...start landing jumbos at ercan?....what do you think?

In my humble opinion try and limit the damage to your best customers....the roc needs to take the hit...the Cypriots as most benefitted from the Russian bonanza, should accept the one time hit...start privatising, slimming the government, etc...use the 10 B euros to actually do something...for compensating the people....

Too much is discussed on the haircut but nothing on the 10B bailout...the way it's looking the roc will be in the same position 5 years from today....
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Re: bank deposits

Postby GreekIslandGirl » Tue Mar 19, 2013 12:51 pm

boomerang wrote:You got Turks on your mind.....the eu plan is to separate Cyprus from Russia....the decision has been made on bank haircuts...the discussion has moved on how much to burn the Russians...10% or 15% is neither here or there and is not the issue at hand...the issue at hand is how the Russians going to retaliate...start swarming the north perhaps?...start landing jumbos at ercan?....what do you think?

In my humble opinion try and limit the damage to your best customers....the roc needs to take the hit...the Cypriots as most benefitted from the Russian bonanza, should accept the one time hit...start privatising, slimming the government, etc...use the 10 B euros to actually do something...for compensating the people....

Too much is discussed on the haircut but nothing on the 10B bailout...the way it's looking the roc will be in the same position 5 years from today....



I disagree that this is to separate Russia from Cyprus. I think there are signs that Russia and the EU are coming together. This scheme is complicated because they are taking into account how much Russian money is in the banks and they are having to liaise with Russia how to incorporate their demands with the needs of the EU and Cyprus.

If it all works out - and someone has remembered Cyprus needs Freedom from the Turks in all this excitement - there will be a lot of countries helping drive Cyprus and I hope, driving the Turks OUT!

When the Gas is gone - so will all the commotion/interest; so by then, we have to have achieved OUR aim!
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Re: bank deposits

Postby kurupetos » Tue Mar 19, 2013 1:04 pm

supporttheunderdog wrote:
kurupetos wrote:
supporttheunderdog wrote:
kurupetos wrote:
Sp_Observer wrote:Fuck the IMF and leave the UE, you have plenty of gas and a lot of british tourists and russian tourists that would be willing to come to your shores.

There are also a lot of Turks who are eager to steal more land from us if we exit the EU. We only entered the EU for political reasons. Thanks for the support.


And the EU shafted us....Try to climb into bed with Russia and expect the USA to be behind more steps to control Cyprus, as they did in 74....

I hear there are lots of Russians on the way with empty suitcases...

We shouldn't want any more Russian/EU money. :roll: We should pay all debt from the deposits and forget about it.

It's time for a real economy and not some fake money-laundering bubble.


There will be lot less Russian Money here as soon as the accounts are unlocked....hence the empty suitcases, so expect a cash flight to the Middle and Far east, anywhere but within, in this order, Cyprus, the EU, Europe in General,

There are a number of Russians already selling up fast and bailing out,,,,property and cars on offer at Bargain basement prices....

That's what I want STUD; A smaller, but much healthier economy. :wink:
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Re: bank deposits

Postby kurupetos » Tue Mar 19, 2013 1:06 pm

boomerang wrote:You got Turks on your mind.....the eu plan is to separate Cyprus from Russia....the decision has been made on bank haircuts...the discussion has moved on how much to burn the Russians...10% or 15% is neither here or there and is not the issue at hand...the issue at hand is how the Russians going to retaliate...start swarming the north perhaps?...start landing jumbos at ercan?....what do you think?

In my humble opinion try and limit the damage to your best customers....the roc needs to take the hit...the Cypriots as most benefitted from the Russian bonanza, should accept the one time hit...start privatising, slimming the government, etc...use the 10 B euros to actually do something...for compensating the people....

Too much is discussed on the haircut but nothing on the 10B bailout...the way it's looking the roc will be in the same position 5 years from today....

I agree. Russia is useful for geopolitical reasons, whereas the EU is useless in all aspects. :x
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