Cyprus-Forum.com

[Kikapu]

and I was about to post

http://www.cyprus-mail.com/hydrocarbons ... ons/201305

You moron.

I can't thank you enough by proving to us once again what an illiterate you are, and the link you have provided above makes that point very clear, that you are an illiterate. But at least you are not alone. You got MR-from-NG and Lordo, the other 2 illiterate to lend a support making you all as the "Three Ring Illiterates".

Where does it say anything about the USA, EU or NATO for that matter, in what you say in this tread title? Rasmussen utters few empty words by saying "drilling for natural gas and oil should start only after there was a settlement of the Cyprus problem" just to throw some bones at Turkey to keep her happy for a while and you start distorting the facts to your illiterate way of seeing things. First of all, he used the word "should" and not "must", and secondly, it has nothing to do with Rasmussen what ever the RoC decides to do with it's Oil and Gas. He was just speaking for himself and not for NATO, since NATO had not taken a decision on the matter by all it's members. Thirdly, since the RoC is not in NATO, Rasmussen cannot tell the RoC what it should do and what it shouldn't do. He can only tell his NATO member states what they should do, like telling Turkey to act like a NATO member state and not as a Pirate member state going around threatening and stealing what belongs to others.

A serious question. Don't you ever get tired of being an illiterate retard?

By the way, the answer to Rasmussen's statement is a "NO", the RoC should not have to wait for a settlement to take place first before thew Oil & Gas comes up, because settlement will never happen at the rate Turkey is going about it and the AP of 2004 is the proof of that.

Clearly you are the moron as the message is quite clear only idiots like you try to twist it in order to save your stupidity by blaming others for not understanding what is being said, you even contradict yourself in the above post which we can all read and have a good

Clearly you cannot back your claim in what you claimed in the title of this thread, even with the link you have provided, just because you are an illiterate who does not comprehend what he reads.

Once again, you have been busted by me.

As for the rest of your post, just more gibberish.

[Maximus]

Turkeys debt currently stands at 50% of her GDP and her debts are rising. further devaluations in currency, some more refugees, some more car bombs. a war with Syria, a potential civil war with the kurds to negotiate peace and the EU-US free trade agreement are all going to affect her in a huge way. when problems with your neighbors pile up but choose to stick your head in the sand, you cant see the ass kicking when its coming. Turkeys economic bubble is the next one to burst VP.

The loan is for 10 billion, which is around 50% of the country's GDP. There is also a 10 year grace period. The Cypriot economy should recover fully in the next 10 years and that's when the loan starts to get paid off. The debts sustainability and other repayment ability projections are all Independent of gas revenues. No one, neither the EU or US will stop the drilling, at their own and the company's expense so that Turkey can continue to not comply with "a single point" of the Copenhagen criteria. Turkey will be held responsible for an attack on a gas rig! Does she have the balls? I dont think so...

[bill cobbett]

Yes, at worst we can expect Turkey to send the two replacements for the Clapped Out Piri Reis to wallow around off-shore CY when Noble starts the 2nd appraisal well in Aphrodite next month.

[Viewpoint]

Turkeys debt currently stands at 50% of her GDP and her debts are rising. further devaluations in currency, some more refugees, some more car bombs. a war with Syria, a potential civil war with the kurds to negotiate peace and the EU-US free trade agreement are all going to affect her in a huge way. when problems with your neighbors pile up but choose to stick your head in the sand, you cant see the ass kicking when its coming. Turkeys economic bubble is the next one to burst VP.

The loan is for 10 billion, which is around 50% of the country's GDP. There is also a 10 year grace period. The Cypriot economy should recover fully in the next 10 years and that's when the loan starts to get paid off. The debts sustainability and other repayment ability projections are all Independent of gas revenues. No one, neither EU or US will stop the drilling, at their own and the company's expense so that Turkey can continue to not comply with "a single point" of the Copenhagen criteria. Turkey will be held responsible for an attack on a gas rig! Does Turkey have the balls? I dont think so...

Now we all know GCs are born doom and gloom merchants against Turkey so the majority of your post is worthless. Remember you said Turkey did not have the balls once and look what happened there.

Time will the test of whether your economy recovers and you are productive enough to meet repayments on your increased debt, but the panic in your posts tells us you are uncertain whet the future holds, remember only a few years back you thought the economical good times in the south would never burst now we have all learned how ignorant and wrong you ended up being.

[Viewpoint]

Another moron, what is the GDP of the south?

What is the current national debt of the south?

What is the %

Add to national debt another 10 billion Euro and what do you get?

Work out the % and iyou ll find its near enough the same as Greece.

You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln.

Someone tell the Fascist Simpleton that they're double counting...

...the 10 Billion will pay off some of the debt, paid off as CY Bonds become redeemable... and a Troika condition of getting the money is that the repayments of an interest-free (in real terms) loan are sustainable.

So much so, that there's a 10 year Grace Period before even starting to repay the loan...!!!

... nothing need be repaid 'til 2023...!!!

Anyone else want to borrow money at 2.5% interest and not start repayments for 10 years...???

You dont answer the questions or do the sums because you know it will put you slap bang at the top of the moron catagory.......the man on the street can get a loan at 2.5% in Europe so ts not reall y that great an interest rate and this grace period does not mean interest will not accumalate, 10 billiion x 2.5% is 250 million a year time by 10 years hey presto the loas is automatically 12.5 billion euro, with a population of 800.000 that 15625 euro per person...this cannot just be brushed to one side they are in the shit big time and no amount of excuses and bullshitting will make it go away.

Ho and the good news is Turkey just paid their last instalment to IMF just in time for the GC to start borrowing, man how I love KARMA

..."the man on the street can get a loan at 2.5% in Europe"... what a loada Rubbish...

... unless you've got some experience of soliciting for money on street corners...

I have a loan in the UK which is 2% above base....so again we see you havent got a clue what you are talking about, only the ignorant take what you say seriously.

[bill cobbett]

Another moron, what is the GDP of the south?

What is the current national debt of the south?

What is the %

Add to national debt another 10 billion Euro and what do you get?

Work out the % and iyou ll find its near enough the same as Greece.

You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln.

Someone tell the Fascist Simpleton that they're double counting...

...the 10 Billion will pay off some of the debt, paid off as CY Bonds become redeemable... and a Troika condition of getting the money is that the repayments of an interest-free (in real terms) loan are sustainable.

So much so, that there's a 10 year Grace Period before even starting to repay the loan...!!!

... nothing need be repaid 'til 2023...!!!

Anyone else want to borrow money at 2.5% interest and not start repayments for 10 years...???

You dont answer the questions or do the sums because you know it will put you slap bang at the top of the moron catagory.......the man on the street can get a loan at 2.5% in Europe so ts not reall y that great an interest rate and this grace period does not mean interest will not accumalate, 10 billiion x 2.5% is 250 million a year time by 10 years hey presto the loas is automatically 12.5 billion euro, with a population of 800.000 that 15625 euro per person...this cannot just be brushed to one side they are in the shit big time and no amount of excuses and bullshitting will make it go away.

Ho and the good news is Turkey just paid their last instalment to IMF just in time for the GC to start borrowing, man how I love KARMA

..."the man on the street can get a loan at 2.5% in Europe"... what a loada Rubbish...

... unless you've got some experience of soliciting for money on street corners...

I have a loan in the UK which is 2% above base....so again we see you havent got a clue what you are talking about, only the ignorant take what you say seriously.

Gosh... that is unbelievably good... cos most new secured mortgage borrowing in GB comes with an introductory offer of around the same 2% but with arrangement fees of 1000-2000£GB and those for max 60-70% of property value... but they rise to between 4% to 5% after 18-24 months.

... http://www.money.co.uk/mortgages.htm

... oh and if you want an unsecured personal loan, typical rates in GB are 5% to 10%..

... http://www.money.co.uk/loans.htm

You're as believable as the ninety-nine TL notes Lordo produces VP.

[Viewpoint]

Its fact so trying to prove me wrong is just you trying to save face, if an individual can get such a load the 2% is an insult to GCs, you try and place cotton wool all around the south but this doesnt change a thing they are deep in the shit they need at least 10 years to pull themselves out.

[bill cobbett]

Its fact so trying to prove me wrong is just you trying to save face, if an individual can get such a load the 2% is an insult to GCs, you try and place cotton wool all around the south but this doesnt change a thing they are deep in the shit they need at least 10 years to pull themselves out.

Well people can believe the money comparison sites (like the ones posted above) and there are hundreds to choose from around Europe...

...or they can believe you...

[Get Real!]

I predict another Erdogan fit real soon…

“Cyprus may presell gas reserves to ease crisis”

http://www.businessweek.com/ap/2013-05- ... ase-crisis

[Viewpoint]

After a sucessful visit to the USA looks like the stage has been set for Cyprus, now all we have to do is sit back and wait for the pressure to be applied for the next round of talks, one side wants to start tomorrow while the other wants to delay Ill let you work out which is which.