Cyprus-Forum.com

[miltiades]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
http://www3.imperial.ac.uk/newsandevent ... 4-10-38-17

No where is blame put on the EU.
Do read it boy .

[Get Real!]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
No where is blame put on the EU.
Do read it boy .

Do read boy... because only ONE thing had changed... joining the miserable EU!

[miltiades]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
No where is blame put on the EU.
Do read it boy .

Do read boy... because only ONE thing had changed... joining the miserable EU!

The report psycho does not say this, Read again psycho
Here is a challenge for you young boys . Search for a reputable economic report that categorically puts the blame on the collapse of our economy attributed to our EZ entry. You are good at posting all the shit that you normally do on other matters, lets see how good you are now, psycho !!

[Paphitis]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
http://www3.imperial.ac.uk/newsandevent ... 4-10-38-17

No where is blame put on the EU.
Do read it boy .

The Europe/zone bankrupted the second largest bank in Cyprus and almost bankrupted the largest BoC.

The Cyprus Economy was already in dire straights and they thought they would load up Cyprus with another 6 billion from bad debts because the Government had to cover depositors. That's a huge 25% of GDP in debt loaded on Cyprus.

They could have not loaded Cyprus up like that and perhaps given Cyprus a haircut too. 10 Billion is almost 50% of GDP and loose change for the Europe/zone, but no, they opted with loading Cyprus up with unmanageable debt and on top they are making demands for Austerity that will see people below the poverty line. Not to mention the cuts to pensions and salaries!

Wake up!

Voromoshili!

[miltiades]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
http://www3.imperial.ac.uk/newsandevent ... 4-10-38-17

No where is blame put on the EU.
Do read it boy .

The Europe/zone bankrupted the second largest bank in Cyprus and almost bankrupted the largest BoC.

The Cyprus Economy was already in dire straights and they thought they would load up Cyprus with another 6 billion from bad debts because the Government had to cover depositors. That's a huge 25% of GDP in debt loaded on Cyprus.

They could have not loaded Cyprus up like that and perhaps given Cyprus a haircut too. 10 Billion is almost 50% of GDP and loose change for the Europe/zone, but no, they opted with loading Cyprus up with unmanageable debt and on top they are making demands for Austerity that will see people below the poverty line. Not to mention the cuts to pensions and salaries!

Wake up!

Voromoshili!

Here is an ...unlikely scenario.
GR is the captain of a jumbo jet, Paphitis the second in command. They are flying to America, New York. The aircraft has 240 passengers and crew on board. GR offered all passengers free tickets.
Here is the puzzle. How many people would accept and fly over NY with GR and Paphitis in control ?

[Paphitis]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
http://www3.imperial.ac.uk/newsandevent ... 4-10-38-17

No where is blame put on the EU.
Do read it boy .

The Europe/zone bankrupted the second largest bank in Cyprus and almost bankrupted the largest BoC.

The Cyprus Economy was already in dire straights and they thought they would load up Cyprus with another 6 billion from bad debts because the Government had to cover depositors. That's a huge 25% of GDP in debt loaded on Cyprus.

They could have not loaded Cyprus up like that and perhaps given Cyprus a haircut too. 10 Billion is almost 50% of GDP and loose change for the Europe/zone, but no, they opted with loading Cyprus up with unmanageable debt and on top they are making demands for Austerity that will see people below the poverty line. Not to mention the cuts to pensions and salaries!

Wake up!

Voromoshili!

Here is an ...unlikely scenario.
GR is the captain of a jumbo jet, Paphitis the second in command. They are flying to America, New York. The aircraft has 240 passengers and crew on board. GR offered all passengers free tickets.
Here is the puzzle. How many people would accept and fly over NY with GR and Paphitis in control ?

Yes but you're the fool that believes the Captain had the foresight to pick up the crash axe (stored in the cockpit) before leaving for his toilet break and then was trying to smash through an 8mm thick bullet proof Kevlar Door with the axe!



I read it in the Daily Mail, so it must be true hey?

[miltiades]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
http://www3.imperial.ac.uk/newsandevent ... 4-10-38-17

No where is blame put on the EU.
Do read it boy .

The Europe/zone bankrupted the second largest bank in Cyprus and almost bankrupted the largest BoC.

The Cyprus Economy was already in dire straights and they thought they would load up Cyprus with another 6 billion from bad debts because the Government had to cover depositors. That's a huge 25% of GDP in debt loaded on Cyprus.

They could have not loaded Cyprus up like that and perhaps given Cyprus a haircut too. 10 Billion is almost 50% of GDP and loose change for the Europe/zone, but no, they opted with loading Cyprus up with unmanageable debt and on top they are making demands for Austerity that will see people below the poverty line. Not to mention the cuts to pensions and salaries!

Wake up!

Voromoshili!

Here is an ...unlikely scenario.
GR is the captain of a jumbo jet, Paphitis the second in command. They are flying to America, New York. The aircraft has 240 passengers and crew on board. GR offered all passengers free tickets.
Here is the puzzle. How many people would accept and fly over NY with GR and Paphitis in control ?

Yes but you're the fool that believes the Captain had the foresight to pick up the crash axe (stored in the cockpit) before leaving for his toilet break and then was trying to smash through an 8mm thick bullet proof Kevlar Door with the axe!



I read it in the Daily Mail, so it must be true hey?

Got it wrong boy. Its you that goes to the toilet while GR is fuming from the mouth in hatred for America. He locks you out, not that you would be any bloody good, the question is how many passengers would accept the ...kind gesture of GR offering free rides!!

[Paphitis]

"Researchers from Imperial College Business School and the University of Cyprus carried out an in-depth analysis of why Cyprus needed to be bailed out to explore what lessons could be learnt from the crisis. According to the researchers, Cyprus suffered from overconfidence arising from around 35 years of almost continuous and robust growth. This resulted in the Cypriot government making poor choices in regards to public finances, such as rapidly increasing public spending in welfare, and ultimately delays in reaching a bailout agreement, which affected the economy."
http://www3.imperial.ac.uk/newsandevent ... 4-10-38-17

No where is blame put on the EU.
Do read it boy .

The Europe/zone bankrupted the second largest bank in Cyprus and almost bankrupted the largest BoC.

The Cyprus Economy was already in dire straights and they thought they would load up Cyprus with another 6 billion from bad debts because the Government had to cover depositors. That's a huge 25% of GDP in debt loaded on Cyprus.

They could have not loaded Cyprus up like that and perhaps given Cyprus a haircut too. 10 Billion is almost 50% of GDP and loose change for the Europe/zone, but no, they opted with loading Cyprus up with unmanageable debt and on top they are making demands for Austerity that will see people below the poverty line. Not to mention the cuts to pensions and salaries!

Wake up!

Voromoshili!

Here is an ...unlikely scenario.
GR is the captain of a jumbo jet, Paphitis the second in command. They are flying to America, New York. The aircraft has 240 passengers and crew on board. GR offered all passengers free tickets.
Here is the puzzle. How many people would accept and fly over NY with GR and Paphitis in control ?

Yes but you're the fool that believes the Captain had the foresight to pick up the crash axe (stored in the cockpit) before leaving for his toilet break and then was trying to smash through an 8mm thick bullet proof Kevlar Door with the axe!



I read it in the Daily Mail, so it must be true hey?

Got it wrong boy. Its you that goes to the toilet while GR is fuming from the mouth in hatred for America. He locks you out, not that you would be any bloody good, the question is how many passengers would accept the ...kind gesture of GR offering free rides!!

Did I take the axe with me?

[Kikapu]

Did I take the axe with me?

I don't know but, you, GR and Milti are "grinding" it a lot at times!

[miltiades]

[quote="PaphitisDo read it boy .[/quote]

The Europe/zone bankrupted the second largest bank in Cyprus and almost bankrupted the largest BoC.

The Cyprus Economy was already in dire straights and they thought they would load up Cyprus with another 6 billion from bad debts because the Government had to cover depositors. That's a huge 25% of GDP in debt loaded on Cyprus.

They could have not loaded Cyprus up like that and perhaps given Cyprus a haircut too. 10 Billion is almost 50% of GDP and loose change for the Europe/zone, but no, they opted with loading Cyprus up with unmanageable debt and on top they are making demands for Austerity that will see people below the poverty line. Not to mention the cuts to pensions and salaries!

Wake up!

Voromoshili![/quote]
Here is an ...unlikely scenario.
GR is the captain of a jumbo jet, Paphitis the second in command. They are flying to America, New York. The aircraft has 240 passengers and crew on board. GR offered all passengers free tickets.
Here is the puzzle. How many people would accept and fly over NY with GR and Paphitis in control ? [/quote]

Yes but you're the fool that believes the Captain had the foresight to pick up the crash axe (stored in the cockpit) before leaving for his toilet break and then was trying to smash through an 8mm thick bullet proof Kevlar Door with the axe!



I read it in the Daily Mail, so it must be true hey?[/quote]
Got it wrong boy. Its you that goes to the toilet while GR is fuming from the mouth in hatred for America. He locks you out, not that you would be any bloody good, the question is how many passengers would accept the ...kind gesture of GR offering free rides!![/quote]

Did I take the axe with me?[/quote]
Can you imagine GR in charge of an aircraft over New York
The psycho, will first pray to Allah and then ....fart