Cyprus-Forum.com

[lucius]

'who is to blame' must also be addressed to a certain extent to address whether there has been any 'criminal' negligence.

Sure, but that will not help the economy. Look at the Leman Brother guys and Toxic asset inventors. They still walk free. Propably enjoying an easy life in a sunny resort.

[Cap]

Hello there,

First of all, yes i am a German who really enjoyed my past stays in Cyprus (and Greece),hopefully i can do this in future as well. My last vacation was in Corfu, so no anti-Greek here. I even stayed in Cyprus for a couple of months a few years ago. "Some" here in this Forum and surely in Cyprus call as filthy Krauts (e.g, Poster "Cap")

cyprus40202.html#p749734


Well, i find that exaggerated and unfair but surely the Germanophopie is a result of the euro.

The euro surely doesn´t fit for all countries. Most can see that now, even as I must say that failing banks and the euro are not interconnected (e.g. Iceland - no euro, but still failing banks). Surely the so called european debt crisis is connected with the euro, it doesn´t fit to all. It doesn´t fit to Italy, Spain, Portugal, Greece, maybe even France. It maybe does not work for Cyprus either. But, you certainly can not blame the troika or the Germans for the results now. Not Germany forced you in the EU and euro, you did that by your own decision. You can not blame the Germans (Troika whatever) for that. Some may point out that the cypriot bank would not have failed without a Greek haircut. Maybe not for now, but one other incident in the future would have wrecked them. Uncontrolled banks will destroy a country sooner or later.

I know its easier to find a scapegoat for the misery, but that will not help. If you ever want to overcome it, you have to work. Look at Iceland, surely they were angry at first. They did not had the luxury to blame other countries for their misery, but angry they were. But, they overcame that quickly, and look where they are now, just a few years after? Unemployment falls and debt shrinks.

Certainly banking sector in cyprus as a important economic factor is gone, so it is in Iceland. You should not try to push it up in future. Well, you could if you want, but i can´t recommend it. Big banking can wreck even the most healthiest economies. You have to find alternative ways for future revenues. If getting out of the euro can help, than for god sake get out of it!

Believe me, most Germans hate it being called nazis and do not want to force their view on others - imaginary or real. Certainly they don´t like to be the bad guys all over Southern Europe. I am sure they would rather much be on the sidelines of all that. But, even if they did that, that would not be liked by all either. I rather think that it is more a problem of Northern and Southern europe than of Germany against the other.

Hopefully Cyprus get out of all that mess. I wish you luck. Maybe see you someday in Paphos, Polis or the Ledra Street in United Nicosia - or on the streets of Stuttgart, Munich or Berlin like many Greeks, Italians or other Southern Europeans.

Take care

Excuse me?
'Special' treatment for us? But not for the rest of the PIIGS.
Germany headed the grilling and showed no mercy. We still have our pride you know.
I have no problem with German people, you folks deserve the position you're in as the economic power of Europe.
Unfortunately we Cypriots align ourselves with banana republics like Greece, that's why we NEVER get ahead.
Cyprus under normal circumstances should have been the Singapore of Europe.

So don't take it personally, I have more respect for Germany than you'll ever know.
But as a Cypriot, I will deliver the same defensive hellfire as anybody in my position. Our pride is not for sale.

[Maximus]

'who is to blame' must also be addressed to a certain extent to address whether there has been any 'criminal' negligence.

Sure, but that will not help the economy. Look at the Leman Brother guys and Toxic asset inventors. They still walk free. Propably enjoying an easy life in a sunny resort.

it will help the economy in terms of learning and preventing things like this happening again, if not clawing back any money which was transferred out of Cyprus by anyone in the know prior.

it is not the priority but it can and should run in parallel with other initiatives specifically focused on rebuilding the economy.

[lucius]

'who is to blame' must also be addressed to a certain extent to address whether there has been any 'criminal' negligence.

Sure, but that will not help the economy. Look at the Leman Brother guys and Toxic asset inventors. They still walk free. Propably enjoying an easy life in a sunny resort.

it will help the economy in terms of learning and preventing things like this happening again, if not clawing back any money which was transferred out of Cyprus by anyone in the know prior.

it is not the priority but it can and should run in parallel with other initiatives specifically focused on rebuilding the economy.

Sure this have to be investigated. My main point was not to put most of the efforts in looking for blame. Seems misunderstanding on my part.

[Maximus]

'who is to blame' must also be addressed to a certain extent to address whether there has been any 'criminal' negligence.

Sure, but that will not help the economy. Look at the Leman Brother guys and Toxic asset inventors. They still walk free. Propably enjoying an easy life in a sunny resort.

it will help the economy in terms of learning and preventing things like this happening again, if not clawing back any money which was transferred out of Cyprus by anyone in the know prior.

it is not the priority but it can and should run in parallel with other initiatives specifically focused on rebuilding the economy.

Sure this have to be investigated. My main point was not to put most of the efforts in looking for blame. Seems misunderstanding on my part.

Cyprus must find more vertical markets, do you have any suggestions/ideas?

[DrCyprus]

'who is to blame' must also be addressed to a certain extent to address whether there has been any 'criminal' negligence.

Sure, but that will not help the economy. Look at the Leman Brother guys and Toxic asset inventors. They still walk free. Propably enjoying an easy life in a sunny resort.

it will help the economy in terms of learning and preventing things like this happening again, if not clawing back any money which was transferred out of Cyprus by anyone in the know prior.

it is not the priority but it can and should run in parallel with other initiatives specifically focused on rebuilding the economy.

Sure this have to be investigated. My main point was not to put most of the efforts in looking for blame. Seems misunderstanding on my part.

Cyprus must find more vertical markets, do you have any suggestions/ideas?

A language learning centre. English, German, Russian and Chinese language learning could be provided in Cyprus.

[B25]

Yes DrCyprus, languages is your business huh? Well I hope for you this is one successful opportunity, but as things stand, I don't think we will be seeing many foreigners now.
Good Luck all the same.

[Maximus]

Cyprus should start a light manufacturing base. We need to get off importing more stuff and look more towards being self reliant and producing stuff to export. Take advantage of the islands strategic location for distribution. Energy is another sector which Cyprus could potentially become a player in and Germany is first in Europe for solar power

Cyprus does nothing in Africa but that is a growing market to sell light manufactured goods too and it's only across the river.

[danny1234]

Yes DrCyprus, languages is your business huh? Well I hope for you this is one successful opportunity, but as things stand, I don't think we will be seeing many foreigners now.
Good Luck all the same.

Well this may come as a shock but my o/h and I were thinking of moving over, obviously we didn't expect the EU to treat Cyprus like this but I would still love to come. my o/h is a little more cautious

[repulsewarrior]

we may still thank Ms. Merkel, if she remembers after the elections who is paying the price for this line in the sand. clearly, we see confidence in Europe eroded everywhere, but it is her warning shot to all the others to bone-up. and yet, she was the one we were grateful for a year or two ago when she stood with Cyprus making clear to Turkey, her long road ahead. timing is everything, in this crisis, if we as Cypriots have learned anything, it is not to doddle. worse has happened, again. but already the startegy is focused on the natural resources at hand, the People, and the Land. solidarity is everything, it is the Pledge that every European has taken, we witness the power of Money, but there are other forces too, which drive Human beings, and this lady. we hope there is good reason for the European Nobel, this tough love i find too political, because there is a need for the banking and services Cyprus provided, which thrived because of the excellent Rule of Law Cypriots demonstrate, despite the stereotyping of the Loyal Opposition in election races, is (for) now lost/ruined.

i like Ms. Merkel, (and i hope she is doing all this for Europe as much as for Germany) when i think of Erdogan; pardon me, she is sexy because she can dance, he thinks he can dance and he will seduce her, she won't tolerate him stepping on her toes.