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Will TCs adopt the Euro?

How can we solve it? (keep it civilized)

Postby BirKibrisli » Thu Feb 22, 2007 2:41 am

pitsilos wrote:ok ok shahmaran take a number and the eu will attend to your needs as quickly as possible :lol:

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I didn't know you were a radical left-winger,pitsilo... :lol: :lol: :lol:
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Postby Viewpoint » Thu Feb 22, 2007 8:40 am

pitsilos wrote:are we talking real projections or bubble projections?

and have you ever known any other 3rd world economy recover from the imf? especcially when they are occupying 2nd place?

and now you are comparing the 27 members with turkey? :lol: have you heard of the expression, developed economies? see if you can google this one too :lol:


Pits, do you realize that to get into the EU you have to meet certain economic criteria, so all this bullshit about labelling Turkey a 3rd world country only stimulates your own ego and nothing else. Label it 6th world country or anything you want the bottom line is that if Turkey can make the grade then as much as you will sit down and cry for days on end, the results will show a stronger economy and with the best economy growth in the EU you can expect a force to reckoned with in 10 to 20 years time. Your priority and you arrogant blindness will not allow this should be how to make Turkey a friend as from all your rantings it appears that she is your number one enemy, if in 20 years time she is part of the EU it is predicted she will be the 2nd largest member after Germany and will have a lot of clout within the EU, remembering who her friends were on the way up.... :wink:
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Postby pitsilos » Thu Feb 22, 2007 9:01 am

and you actually thing the eu will hand turkey the crown jewels. :lol:

the facts are today, turkey is a 3rd world economy with 3rd world mentality to boot, as well as the 2nd biggest imf loan in history. these are facts. maybe taking the blinkers off, and i am talking about all the vips, plural, might enable you, vips, plural, in seeing a bit further that your noses. :lol: you inability in calling a spade a spade, shows to everyone in this forum who the clown(s) are.

i asked you, vips, plural, before, do you know of any countries after been heavily indebted to the imf, if they actually became a developed economies.

come on shock me and say something intelligent for a change. :lol:

as far as the economy goes, tell me what it was like to be a millionaire a couple of years ago in the banana republic :lol:

ps..a lot of cloud in the eu? this is the biggest joke of them all, just do a quick search and point out to me which eu country population wants the turks in the eu? oh i know its a christian club blink blink blink.
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Postby pitsilos » Thu Feb 22, 2007 9:03 am

i forgot, lets see if you can get to first base before you start talking about taking over the eu

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Postby Pyrpolizer » Thu Feb 22, 2007 9:06 am

Viewpoint wrote:
Kikapu wrote:
Viewpoint wrote:
Alexis we already have Euro in the north plus US Dollars, Sterling, and the soon to be non existent Cyprus pounds but our official currency is the New Turkish Lira and we have no plans to change it.


VP,

Just curious. If the New Turkish Lira is the official currency of the "TRNC", why is it, that, those who are asked to pay, to avoid doing military service for some people, is quoted in British Pounds. The same goes for some of the High-end Hotels, priced in US Dollars. This is also practised in Turkey by the way.

Is it because, they do not have too much faith in their own currency, the New Turkish Lira or what.?


Yes that is the pratice because prior to the 2000 the Turkish Lira was in turmoil and depreciating but for the last 4 5 years the Turkish lira has been stable and inflation has been pegged down to 12% from over 100%, this figure should be single digits by then end of this year.
The practice has just remained and the north has had a free foreign exchange regime for many years the GC have only come into the free exchange regime on the 1st of May 2004 when they entered the EU, before that they could not remit funds abroad or exchange currencies without official permission.


WRONG! Foreign currencies (ALL OF THEM) were always exchangeable with CY Pounds at any Bank or branch of a Bank you wished. Or at any Hotel's reception office.

What happened is after the 1974 you needed a licence to get money OUT of the Country. The reason was obvious: Capitalists would otherwise take all their capital abroad due to the situation. This continued until some 10 years ago when you could take OUT upto 10,000 without licence and this amount increased slowly slowly.
All private Banks could issue you a licence very easy actually. It wouldn't take more than a minute. For merchants it was just filling up a form, for people studying abroad a certificate from their University etc.

However EVEN TODAY any transaction in and out of Cyprus (of more than 100,000 ? I am not sure of the exact amount) has to be checked for money laudring.
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Postby Viewpoint » Thu Feb 22, 2007 9:36 am

pitsilos wrote:and you actually thing the eu will hand turkey the crown jewels. :lol:

the facts are today, turkey is a 3rd world economy with 3rd world mentality to boot, as well as the 2nd biggest imf loan in history. these are facts. maybe taking the blinkers off, and i am talking about all the vips, plural, might enable you, vips, plural, in seeing a bit further that your noses. :lol: you inability in calling a spade a spade, shows to everyone in this forum who the clown(s) are.

i asked you, vips, plural, before, do you know of any countries after been heavily indebted to the imf, if they actually became a developed economies.

come on shock me and say something intelligent for a change. :lol:

as far as the economy goes, tell me what it was like to be a millionaire a couple of years ago in the banana republic :lol:

ps..a lot of cloud in the eu? this is the biggest joke of them all, just do a quick search and point out to me which eu country population wants the turks in the eu? oh i know its a christian club blink blink blink.


Pits I am not here to argue Turkeys economic development with someone who does not want to go do his own research even then Im pretty certain that anything positive you would just block out as it does not support your engrained beliefs of Turkey, so why should I flog a dead horse with you?

To you having a loan indicates that thing are bad well forgive me for not really taking you seriously, is this loan being serviced? is Turkey drawing any further loans? does Turkey have the fastest growing economy in the EU?

Why are you so concerned about showing Turkey in the worst light possible, all you can do is take a seat and watch Turkeys economic recovery, it willnot happen overnight and of course like all countries she to will suffer set backs but in 10 to 20 years time Turkey will be an economical force to be reckoned with or without the EU.

With regards to the constant question you keep throwing up about your fixation with countries that have made good with IMF loans, let me give you a lead and you can go investigate, latin America.

Now lets address your bad attitude is it a norm? are you always rude and arrogant even in your everyday life? do you want me to respond in the same disrespectful manner? I can be just as bad even much worse. We do not have to like each other and its obvious we don't and we will never see eye to eye but persistent digs and sarcasm are not very endearing qualities for stimulating discussion. If you do not cut the crap I will be forced to respond in the same fashion which will not be very productive.

The choice is yours.
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Postby Viewpoint » Thu Feb 22, 2007 9:43 am

Pyrpolizer wrote:
Viewpoint wrote:
Kikapu wrote:
Viewpoint wrote:
Alexis we already have Euro in the north plus US Dollars, Sterling, and the soon to be non existent Cyprus pounds but our official currency is the New Turkish Lira and we have no plans to change it.


VP,

Just curious. If the New Turkish Lira is the official currency of the "TRNC", why is it, that, those who are asked to pay, to avoid doing military service for some people, is quoted in British Pounds. The same goes for some of the High-end Hotels, priced in US Dollars. This is also practised in Turkey by the way.

Is it because, they do not have too much faith in their own currency, the New Turkish Lira or what.?


Yes that is the pratice because prior to the 2000 the Turkish Lira was in turmoil and depreciating but for the last 4 5 years the Turkish lira has been stable and inflation has been pegged down to 12% from over 100%, this figure should be single digits by then end of this year.
The practice has just remained and the north has had a free foreign exchange regime for many years the GC have only come into the free exchange regime on the 1st of May 2004 when they entered the EU, before that they could not remit funds abroad or exchange currencies without official permission.


WRONG! Foreign currencies (ALL OF THEM) were always exchangeable with CY Pounds at any Bank or branch of a Bank you wished. Or at any Hotel's reception office.

What happened is after the 1974 you needed a licence to get money OUT of the Country. The reason was obvious: Capitalists would otherwise take all their capital abroad due to the situation. This continued until some 10 years ago when you could take OUT upto 10,000 without licence and this amount increased slowly slowly.
All private Banks could issue you a licence very easy actually. It wouldn't take more than a minute. For merchants it was just filling up a form, for people studying abroad a certificate from their University etc.

However EVEN TODAY any transaction in and out of Cyprus (of more than 100,000 ? I am not sure of the exact amount) has to be checked for money laudring.


Pyro is what you describe a free exchange regime?

Anyone can exchange foreign currency in the north even in local supermarkets, anyone can send as much money as they want abroad, we to have money laundering controls but these do not hinder free foreign currency transactions. Thats the comparison I was trying to make.
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Postby pitsilos » Thu Feb 22, 2007 10:23 am

Pits I am not here to argue Turkeys economic development with someone who does not want to go do his own research even then Im pretty certain that anything positive you would just block out as it does not support your engrained beliefs of Turkey, so why should I flog a dead horse with you?

vips, plural, lets get something straight here. to be able to discuss economic development, you need to underwstand economics. and you, vips, plural, show no signs of such knowledge. but please keep on entertaining us with your, vips, plural, bozo the clown antics. :lol:

Why are you so concerned about showing Turkey in the worst light possible, all you can do is take a seat and watch Turkeys economic recovery, it willnot happen overnight and of course like all countries she to will suffer set backs but in 10 to 20 years time Turkey will be an economical force to be reckoned with or without the EU.

if turkey was a private company she would have gone belly up 1000 times by now. but you can reckon all you want. actually do you think turkey will ever become a service economy in your life time? i doubt it very much. the cheap labour turkey is flogging around today, is getting thinner by the day, coz, even the turks are going to china, where cheap labour and most importantly infrastructure is in abundance, pity you can't say the same about turkey. why not google the imports and exports and see which is higher. come on entertain us with more of bozo the clown, theatrics. turkey will never become an economic power house not in 10 years but in many years to come. she will be breathing heavily for donkey's years to come :lol:
yes the loan is serviced, but at what costs to the 70 million strong population. any idea vips, plural?

Why are you so concerned about showing Turkey in the worst light possible, all you can do is take a seat and watch Turkeys economic recovery, it willnot happen overnight and of course like all countries she to will suffer set backs but in 10 to 20 years time Turkey will be an economical force to be reckoned with or without the EU.

who is concerned, just stating facts for all the brainwashed. facts that you seem to think everything will be ok at the end. :lol: talk about a utopian state of affairs :lol:

With regards to the constant question you keep throwing up about your fixation with countries that have made good with IMF loans, let me give you a lead and you can go investigate, latin America

so sth ameriica is turkey's bench mark? :lol: now i know i am talking to a clueless individual. just a reminder, argentina is still the current champion of the imf loans. and from experience turkey is having trouble with being number 2. :lol:

i am gonna split the last paragraph, coz it deserves my full attention :lol:

Now lets address your bad attitude is it a norm? are you always rude and arrogant even in your everyday life?

no but i make exemptions with a@@holes :lol:

do you want me to respond in the same disrespectful manner?

everyone of your posts is disrespectful :lol: put it to a poll and ask people in this forum as what they think of you, vips, plural. you know what they say, vips, plural, talk the talk and then walk the walk. come on boy, put a poll up and lets have a look.

I can be just as bad even much worse.

you got me scare now...please don't coz i'm gonna cry

We do not have to like each other and its obvious we don't and we will never see eye to eye but persistent digs and sarcasm are not very endearing qualities for stimulating discussion.

and may ask what you know about stimulating discussions? the only stimulation you get here is the frothing at the mouth reminding everyone of your partition wetdreams.

If you do not cut the crap I will be forced to respond in the same fashion which will not be very productive.

when someone spends 22hrs in a single day and calls this productive, you seriously gotta question his sickness. either you'rr sick or you are a pro. so whats gonna be boy? but hey i never walked away from a challenge, give me your best shot. but a word of warning, better be a knock out punch otherwise you've seen nothing yet. go ahead be my guest.

btw i meant to ask you, when your wife gave birth to twins did you by any chance go looking for the other man? :lol:
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Postby pitsilos » Thu Feb 22, 2007 10:29 am

Pyro is what you describe a free exchange regime?

Anyone can exchange foreign currency in the north even in local supermarkets, anyone can send as much money as they want abroad, we to have money laundering controls but these do not hinder free foreign currency transactions. Thats the comparison I was trying to make.

thats why you are hemorrhoid on the face of the world. :lol:
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Postby Kikapu » Thu Feb 22, 2007 11:03 am

pitsilos wrote:
btw i meant to ask you, when your wife gave birth to twins did you by any chance go looking for the other man? :lol:


Pitsilos,

I'm sorry my friend, but that was totally uncalled for. Let's not get into people's personal families, because this does not have a place in the forum.

I believe an apology is in order here, to VP.
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