Cyprus-Forum.com

[Tim Drayton]

I can't help thinking that Merkel gave the game away when she objected to the nationalisation of pension funds on the grounds that this goes against a cardinal EU principle. What strikes me is that there was no criticism from the same source of the original proposal involving a levy on all bank accounts, even though this went against another EU cardinal principle that bank balances of less than 100,000 euro are inviolable. (Whether or not, as some claim, Merkel et. al. behind closed doors opposed the levy on small deposits, the fact remains that she did not publicly come out in opposition to it). I can only conclude that even if they were not responsible for the crisis in the first place, the German regime/German ruling class (not the ordinary German people) for some reason has decided to exploit this crisis to destroy Cyprus as a banking centre.

[GreekIslandGirl]

.... the German regime/German ruling class (not the ordinary German people) for some reason has decided to exploit this crisis to destroy Cyprus as a banking centre.

Spot on.

Divert savers elsewhere.

[Get Real!]

"Russian PM lambasts deal to rescue Cyprus"
http://www.huffingtonpost.com/huff-wire ... r=homepage


Too bad you were too stupid to do something about it when you could.

[kurupetos]

"Russian PM lambasts deal to rescue Cyprus"
http://www.huffingtonpost.com/huff-wire ... r=homepage


Too bad you were too stupid to do something about it when you could.

We should boycott those filthy Slavs by buying weapon systems from China.

[CBBB]

"Russian PM lambasts deal to rescue Cyprus"
http://www.huffingtonpost.com/huff-wire ... r=homepage


Too bad you were too stupid to do something about it when you could.

We should boycott those filthy Slavs by buying weapon systems from China.

But there tanks and personnel carriers are built for people that are only 2' 6"!!!

[observer]

I can't help thinking that Merkel gave the game away when she objected to the nationalisation of pension funds on the grounds that this goes against a cardinal EU principle. What strikes me is that there was no criticism from the same source of the original proposal involving a levy on all bank accounts, even though this went against another EU cardinal principle that bank balances of less than 100,000 euro are inviolable. (Whether or not, as some claim, Merkel et. al. behind closed doors opposed the levy on small deposits, the fact remains that she did not publicly come out in opposition to it). I can only conclude that even if they were not responsible for the crisis in the first place, the German regime/German ruling class (not the ordinary German people) for some reason has decided to exploit this crisis to destroy Cyprus as a banking centre.

You don't think that the actions of the Cypriot bankers might have destroyed Cyprus as a banking centre all by themselves? You think that they needed help?

[Tim Drayton]

I can't help thinking that Merkel gave the game away when she objected to the nationalisation of pension funds on the grounds that this goes against a cardinal EU principle. What strikes me is that there was no criticism from the same source of the original proposal involving a levy on all bank accounts, even though this went against another EU cardinal principle that bank balances of less than 100,000 euro are inviolable. (Whether or not, as some claim, Merkel et. al. behind closed doors opposed the levy on small deposits, the fact remains that she did not publicly come out in opposition to it). I can only conclude that even if they were not responsible for the crisis in the first place, the German regime/German ruling class (not the ordinary German people) for some reason has decided to exploit this crisis to destroy Cyprus as a banking centre.

You don't think that the actions of the Cypriot bankers might have destroyed Cyprus as a banking centre all by themselves? You think that they needed help?

You are absolutely right. The decision to place most of the assets of the two main banks in Greek government securities at a time when everybody else was heading for the door, and the subsequent fatal blow delivered by the haircut on these securities is what destroyed these banks.
However, I am suggesting that the German regime is exploiting this situation (without having caused the crisis in the first place) to ensure that Cyprus is destroyed for good as a banking centre.

[Cap]

"Russian PM lambasts deal to rescue Cyprus"
http://www.huffingtonpost.com/huff-wire ... r=homepage


Too bad you were too stupid to do something about it when you could.

We should boycott those filthy Slavs by buying weapon systems from China.

But there tanks and personnel carriers are built for people that are only 2' 6"!!!

[GreekIslandGirl]

Yeah, the Germans are world-renowned for their lack of preparation.

Merely "exploited" the situation.

[tsukoui]

The decision to place most of the assets of the two main banks in Greek government securities at a time when everybody else was heading for the door, and the subsequent fatal blow delivered by the haircut on these securities is what destroyed these banks.

How are either of those things Christofias' fault?