Cyprus-Forum.com

[Oceanside50]

the Rusians were scaring Merkel.....Anastasiades/Christofias should have shown them the door a long time ago

[Demonax]

the Rusians were scaring Merkel.....Anastasiades/Christofias should have shown them the door a long time ago

If Merkel's plan was to push out the Russians then this could backfire. It creates an opening for the Russians to get more involved as Cyprus might turn to them for financial help. Today, there were reports that Merkel was explicitly warning Anastasiades not to seek financial help from Russia:

http://www.brecorder.com/world/europe/111434.html?

[Jerry]

I suppose what Anastasiades should have done is to tell Putin that all foreign deposits were going to get a serious haircut unless he, Putin, could come up with the 17billion loan on very favourable terms. Now I don't see how, with a diminished banking industry, the Cyprus economy can support and repay even a 10billion loan. And I doubt too many Russian tourists will be stopping over, except to clear their bank accounts of course.

Jerry, this is exactly what Christofias did. He begged the Russians for an additional loan but the Russians decided to do nothing beyond a restucturing of their 2.5 bn loan. Then the Germans pulled a fast one and decided to effectively seize Russian assets and drive Russia out of Cyprus in the long term. The Russians have been blindsided and are pretty angry for good reason.

But Christofias, I assume, did not know at the time that Merkel's proposal was going to screw the Russians in this way. If Anastasiades had been quick he could have confronted Putin with the German proposal and negotiated favourable loan terms from him.

[Demonax]

But Christofias, I assume, did not know at the time that Merkel's proposal was going to screw the Russians in this way. If Anastasiades had been quick he could have confronted Putin with the German proposal and negotiated favourable loan terms from him.

I think Anastasiades was intent on doing a deal with the troika. He just wasn't expecting to be blackmailed. Maybe Cyprus can now use the threat of doing a Russian deal as a way of getting the troika to reconsider the terms. No doubt Putin must be considering his options right now. It would be ironic if all the troika manage to do is drive Cyprus back into Russia's arms.

[Oceanside50]

the Rusians were scaring Merkel.....Anastasiades/Christofias should have shown them the door a long time ago

If Merkel's plan was to push out the Russians then this could backfire. It creates an opening for the Russians to get more involved as Cyprus might turn to them for financial help. Today, there were reports that Merkel was explicitly warning Anastasiades not to seek financial help from Russia:

http://www.brecorder.com/world/europe/111434.html?

Merkel was explicitly warning Anastasiades not to seek financial help from Russia:

there you go. how could it backfire, didnt the Russians propose to buy the two insolvent banks and Anan told them no

[supporttheunderdog]

But Christofias, I assume, did not know at the time that Merkel's proposal was going to screw the Russians in this way. If Anastasiades had been quick he could have confronted Putin with the German proposal and negotiated favourable loan terms from him.

I think Anastasiades was intent on doing a deal with the troika. He just wasn't expecting to be blackmailed. Maybe Cyprus can now use the threat of doing a Russian deal as a way of getting the troika to reconsider the terms. No doubt Putin must be considering his options right now. It would be ironic if all the troika manage to do is drive Cyprus back into Russia's arms.

A dangerous move, where I distrust the Yankees more than I distrust the EU.

[Oceanside50]

But Christofias, I assume, did not know at the time that Merkel's proposal was going to screw the Russians in this way. If Anastasiades had been quick he could have confronted Putin with the German proposal and negotiated favourable loan terms from him.

I think Anastasiades was intent on doing a deal with the troika. He just wasn't expecting to be blackmailed. Maybe Cyprus can now use the threat of doing a Russian deal as a way of getting the troika to reconsider the terms. No doubt Putin must be considering his options right now. It would be ironic if all the troika manage to do is drive Cyprus back into Russia's arms.

A dangerous move, where I distrust the Yankees more than I distrust the EU.

Yankees more than I distrust the EU

If the Yankees are there then something serious is brewing in the background......And if the Yankees are involved they will get their way....ie..no Russians and their Oligarchs..

[supporttheunderdog]

and there is a Yankee official government plane at LCA.........

[Oceanside50]

how big is it?.....the smaller ones or the big ones like a 747

[supporttheunderdog]

smaller one... not a 747 -