http://www.bbc.co.uk/news/world-europe-21814325 Bankrupt Cyprus will have it's customers queueing up on Monday emptying their accounts faster than Mubaraks mafia did here during the 18 days! Turkey will he loving this news and the zionists crying in their tequila
Cyprus has more than one problem. Russia is demanding from Cyprus the names of the Russian billionaires who have accounts there. Now if Cyprus gives up those names, then it ceases to be a tax haven, and if it doesn't give them up, there will be serious repercussions from Russia...like maybe they'll give them less money to rent the base for their fleet. Oh well! If Europe wants to be free of Russia's monopoly on gas, then it better help Cyprus and Greece claim their territorial rights in the Eastern Mediterrean. Sorry Turkey you've been digging your own grave, so you can go cry in your soup.
that will be why they are saying viewers of the History Channel should book next week a holiday in Cyprus to watch a real 1930's bank run
Dont bet on it : "As One Door Closes, Another Opens" These advances include Turkey having announced that it will be drilling for offshore oil in a joint-venture with North Cyprus, and the US ambassador to Turkey having revealed that the United States of America predicts that Turkey will be in the world’s top ten economies in the foreseeable future (it is already in 17th place In Cyprus today it is looking like one Southern door is closing as another opens in the North. Of course the Russians understand the mess that the Greek-Cypriot South is in and they are concerned about it, which is why the Russian government has reportedly agreed a loan to the South on soft terms to get them through this year. (2012) But the obvious question is what happens next year and how will the South pay this loan back? It will take more than a year to get the South out of the mess in which is now finds itself. Expected profits from the South’s drilling for offshore gas will not materialise overnight and these profits won’t rescue the economy in the South if they are all heavily mortgaged in advance. Friendly Loan from Russia Without this friendly loan from Russia – a lifeline no less - the South would certainly have needed EU funds to rescue its economy but, as everybody knows, those funds are rapidly being used up in so many EU countries already. Then there are the increasing problems for crisis-stricken Greek-Cypriot banks in the South, given the all too obvious junk status of the mainland Greek Government bonds these days that were the spring board of Greek-Cypriot banking investments in mainland Greece that are now in ruin. By comparison, Turkish-Cypriot and other banks in the North are a much safer and indeed better bet. Clearly, the problems down South are one big headache and heartache for Greek-Cypriots and their Russian friends who are struggling to help them, and whilst the Russians are doing their best to bail the Greek-Cypriots out, the Chinese are reportedly bidding to buy Larnaca Airport, whilst Cyprus Airways is up for sale, and Israel is in there grabbing anything else that is up for grabs. In contrast, Turkish Airlines, claiming to be the 4th biggest in Europe already, is expanding further and has announced that it expects to buy 50% of Polish Airlines! ==== Russian Entrepreneurs Already in North Cyprus As it happens, the Union of Russian Entrepreneurs (AZSK) is already based in the centre of Girne/Kyrenia in North Cyprus, so these guys obviously don’t believe in letting the grass grow under their feet, and they have also, as it happens, issued as certificate of excellence to the North Cove Estate Agency that sponsors this blog, which is the ONLY estate agent in North Cyprus today to be officially recognised by the Russians in this way. These entrepreneurs will probably appreciate more than most the relevance to Russians of the developments and trends that I have reported and commented on in this blog. Entrepreneurs are nothing if not entrepreneurial! If this and everything else reported in this blog this month is not good news for Russian ears, it is hard to know what is! It Doesn’t Cost Russians an Arm and a Leg in the North By comparison, North Cyprus and also mainland Turkey are economically trouble free and it doesn’t cost Russian or any other investors an arm and a leg, either to set up in business here in the North of the Island, or on the Turkish mainland, or to buy land and excellent family homes here at what are knock-down prices by world standards. All of which has been making increasing sense to Russians in North Cyprus already, and will doubtless continue to do so to many more in the South and elsewhere in the months and years ahead, which is why the North Cove Estate Agency that sponsors this blog has now appointed a Russian agent to represent it with its growing number of existing and potential Russian clients from whom it is receiving many new enquiries. For sure, Russian interest in North Cyprus and Turkey is increasing all the time, and why wouldn’t it? http://www.northcoveestates.com/news/why-more-russians-look-as-though-they-are-coming-t.shtml
It sounds like you're living in a neo Ottoman dream world. First of all there is no such thing as south Cyprus. There is one Cyprus, and it is a member of the E.U. and is recognized by the U.N. and every nation in the world except Turkey. There is also an occupied north of Cyprus, which is not recognized by any nation in the world other than Turkey. As for Russia, it now has a permanent fleet of ten ships in the Mediterrean to keep the peace, and is considering using Cyprus, Pireaus, and Thessaloniki as its ports. Anyway there are major problems in the Eastern Mediterrean and Aegean concerning territorial sea rights. Greece legally owns the Aegean, and all the sea up to Cyprus which Turkey refuses to recognize. When Turkey tried to search in the waters in the North of Cyprus and in the Greek waters, no nation in the world would lease them ships, so they decided to buy one. Turkey acquired that ship about a month ago, and gave it permission to search in the Greek waters off the island of Kastelorizo. Greece immedately sent a note 'verbale' to the U.N. declaring its twelve mile sea limits. Turkey responded by saying it does not recognize the rights of the Greek islands as stipulated in the International Treaty of the Sea...Right now they are almost in a state of war. Greece is willing to take it to court, but Turkey refuses. France is giving military support to Greece and the E.U. fully backs Greece's legal claims. The major problems is with the little island of Kastelorizo which lies between Rhodes and Cyprus. With the twelve mile limit, all the waters from Athens to Cyprus belongs to Greece. The Israeli and Cypriot gas can then be shipped to Greece and on to Europe, something that Europe needs desperately in order to lessen its dependancy on Russian gas. If though Greece doesn't take all the miles it is legally entitled to, and was to stick to only six miles, then Turkey can claim all the sea rights from its shore to Egypt so there is a lot at stake. Anway I would never underestimate the animosity Russia has towards Turkey. I don't think they appreciate Devotoglus troublemaking in the Caucasus any more than any of its other non Sunni neighbors do.
You are clearly loving the fact that Innocent people in Cyprus are being penalized. No surprises though, Egypt has become one of the worst most barbaric criminal sh*tholes on the planet, it's economic situation is miserable beyond belief and misery loves company.
Keep you hat on . No point getting all up abt it , ole dear, you and I , can exchange opinions till pigs fly , and wont make a scrap of difference to future developments - wheels + deals , between all in that region. All I know , is a friend (Irishman) bought a villa in North Cyprus 1980s doing very well for himself in property development. Recognized or not , he tells me living standards have improved considerably. His attitude is - sod the politics - life is for living . (wink) At this time - most Western countries double-triple dip recession - economic gloom +< doom , etc. the self proclaimed " Turkish Republic of Northern Cyprus (TRNC ) is doing better than most. Now according to wiki , I find : Despite the constraints imposed by the lack of international recognition, the nominal GDP growth rates of the economy in 2001-2005 were 5.4%, 6.9%, 11.4%, 15.4% and 10.6%, respectively.[ The real GDP growth rate in 2007 is estimated at 2%. This growth has been buoyed by the relative stability of the Turkish Lira and a boom in the education and construction sectors. Between 2002 and 2007, Gross National Product per capita more than tripled (in current US dollars): US$4,409 (2002) US$5,949 (2003) US$8,095 (2004) US$10,567 (2005) US$11,837 (2006) US$14,047 (2007, provisional) Studies by the World Bank show that the per capita GDP in Northern Cyprus grew to 76% of the per capita GDP in the Republic of Cyprus in PPP-adjusted terms in 2004 (US$22,300 for the Republic of Cyprus and US$16,900 for Northern Cyprus).] Official estimates for the GDP per capita in current US dollars are US$8,095 in 2004 and US$11,837 in 2006. In 2011, North Cyprus sold electricity to the Republic of Cyprus following an explosion in the southern part of the island which affected a large power station. The Northern Cyprus Water Supply Project, due to be completed in early 2014, is aimed at delivering water for drinking and irrigation from southern Turkey via a pipeline under the Mediterranean Sea. ==== Looks like the future might be better for Turkish Cypriots than for the southern Greeks . I'm sure no one would wish to reverse the clock and return to the bad old days . Time will tell meanwhile look at this : http://upload.wikimedia.org/wikipedia/commons/c/c0/Turkish_Cypriot_folk_dancers.j pg and enjoy the dance : [video=youtube;OC8VayKm1Xc]https://www.youtube.com/watch?v=OC8VayKm1Xc[/video]
Cyprus is (or was) a haven for the exceptional corrupt elite, and Cyprus and its people befitted from it. And yeah.. easy money is now coming at a cost. So... Last thing I heard people who got money on the banks need to pay up. less than 100.000 eu -> loose like 5% on their savings more than 100.000 eu -> loose like 10% on their savings. sounds about right that the billionaires loose millions over it. Its a lot better than make other EU citizens pay for it.
I love Greek music and dancing. Are they Cypriot Turks or the Turks brought in from the mainland; who the Cypriot Turks feel they have nothing in common with and wish would leave...with their thirty thousand troops and five thousand tanks of course. I mean someone had to fill up the two hundred thousand homes which Turkey stole from the Greeks. I read yesterday in either Zaman or Hurriyet that Turkey wants occupied Cyprus to close down its filthy night clubs, but they feel it will completely destroy them. Is it true?
What is planned in Cyprus is open theft. The banksters have ruined the West- and they are still taking bonuses- and the corruption of usury has washed away any moral foundations which globalisation may have had. The new programme of open theft isn't even getting the notoriety it deserves. If Cyprus can do this, any government can do it. Not just 10% of your life's savings but all of it. The banksters must be supported. Who says so ? The banksters, of course.
It is an open theft and yes, it can happen anywhere, especially if Cyprus gets away with it. What can ve done about it, Moon?
Simple. Pass a law stating that only Zionists' bank accounts may be so plundered. The rest are small change anyway. ( Just in case you were attempting to engage me in unrequested meaningful debate )
AFAIK the dancers are Cypriot Turks . I suspect it gets up your nose , but IMO - Greeks + Turks have more in common than they'd like to admit. Its like Greek Coffee or Turkish Coffee , same diference delicious with Bakclava. While working in London - I lived in the midst of Greek/Turkish Cypriots - the communities seem to get along without friction, living alongside each other in same streets. ][/SIZE === What do you mean by "filthy" ? I'm sure my Irish friend who use to be a regular clubber , ( now a bit pass it,) would have mentioned it . I'll check in my next email. Being Sunday , he's probably on the beach.
There's was nothing meaningful in your response, nor was it expected; just another dose of Jew hate. Still, your awe with anything Jew(ish) is noted - unbeknownst to yourself, you automatically assume every zionist (Jew) is reach enough so his bank account may be considered a jackpot by looters
Marlowe, the Turkish Cypriots feel they have a lot more in common with the Greeks, than with the Turks from the mainland and want them and their troops to leave. The Turkish government with its usual lies, tells them that they are there to protect them from genocide. There was never any genocide other than the ones the Turkish soldiers committed on the Greek Cypriots. Everyone who did not excape to the south of the island when they invaded was killed, which is one of the things that differentiates the Turks from Europeans. If Turkey should wonder why they are maligned throughout the world, and why the E.U. is so hesitant about letting them in, it's because no one ran out of their country when the Italians and Germans invaded. There were some Turkish Cypriots who were killed by a paramilitary group from Greece, who was trying to force unity with Greece... something which the British had promised them during WW I and WWII. The only reason Cyprus was not given to Greece after the wars, is because it was considered part of Britains life line, and the Greek government was much too unstable. Britain in order to hinder unity with Greece, gave Cyprus favorable trade agreements, this way they wouldn't want to unite with a less prosperous Greece. Britain did this also with Northern Ireland. I assume Britain also encouraged the ethnic friction in Cyprus, but I'm not sure about it so I would only be guessing.
How do you like this; The Cypriots raid people's private bank accounts in order to bail out exposed banksters. Some of those accounts belong to UK citizens so the UK government compensates them with UK money So the UK taxpayer is supporting Cypriot banksters . Fair or what ?
UPDATE facts : "Cyprus's parliament has postponed an emergency session on a controversial bailout deal for the country's banks. Intense negotiations are under way between political parties amid public anger at a one-off levy of up to 10% being imposed on savers. President Nicos Anastasiades said refusing the bailout would have led to the collapse of the country's banks. The speaker of the European Parliament has called for the levy to be revised to protect small-scale bank customers. The 10bn-euro ($13bn; £8.6bn) deal agreed by the EU and IMF in Brussels marks a radical departure from previous international aid packages. Under its terms, people in Cyprus with less than 100,000 euros in their accounts would have to pay a one-time tax of 6.75%. Those with sums over that threshold would pay 9.9% in tax. Depositors will be compensated with the equivalent amount in shares in their banks. It is believed that eurozone leaders, particularly in Germany, insisted on the levy because of the large amount of Russian capital kept in Cypriot banks, amid fears of money-laundering. 'Betrayal' President Anastasiades, who was elected only last month, is due to address the country shortly (from 18:00 GMT). He said in a statement earlier that Cyprus had had to choose between the "catastrophic scenario of disorderly bankruptcy or the scenario of a painful but controlled management of the crisis". The president has been meeting with members of the parliament's finance committee, his office said. On Saturday the head of the committee, Nicholas Papadopoulos, expressed shock at the deal, saying it was "much worse than expected". The president's Democratic Rally party - which has 20 seats in the 56-member assembly - needs support from other factions to ratify the bailout. A spokesman for one of its coalition partners, the Democratic Party, told BBC News they wanted assurances that the deal would resolve the problems facing Cyprus before voting in favour. ". 'A good step' The speaker of the European Parliament, Martin Schulz, argued in a newspaper interview that there should be an exemption from the levy for savers, for example, who had less than 25,000 euros in their accounts. "The solution must be socially acceptable," Mr Schulz, who belongs to Germany's opposition Social Democrats, told Germany's Welt am Sonntag newspaper. The German Chancellor, Angela Merkel, defended the levy. "With this deal, the responsible people are partly included in those countries and not only the taxpayers in other countries," she said at a party meeting in her home constituency. "And I think it's right that we went down that road and I think it's a good step which will certainly make it easier for us to approve the help for Cyprus." As with past eurozone bailouts, the deal must be approved by the lower house of parliament in Germany, the EU's biggest economy. UK compensation If the levy goes ahead, it will affect many non-Cypriots with bank accounts, including UK expatriates. However, depositors in the overseas arms of Cypriot banks will not be hit. Bank of Cyprus UK and Laiki Bank UK both confirmed on their websites that there would be no impact. Chancellor George Osborne said the UK would compensate any government employees and military personnel whose bank accounts were affected. The levy itself will not take effect until Tuesday, following a public holiday, but action is being taken to control electronic money transfers over the weekend. BBC News ..
Thanks Marlowe for the pretty Turkish dance. Here's a pretty nice one from Ukraine. I like how their legs come out at times, and the music is lively. [video=youtube;QgfxSc2PwVQ]http://www.youtube.com/watch?v=QgfxSc2PwVQ[/video]
Turkey = Isreal Wanted to do my onw thread on this telling people to be careful where they bank. You know next time BofA, Citi, UBS, engages in illegal activity, it may be your bank account that pays for it!
Thks Ivan - I belief people can understand each other better through cultural exchanges . Your video was a pleasure to watch + had me rocking /swinging in my chair Ukrainian dancers are world famous.
I'm Thankful that you enjoyed the dance, Marlowe. My pleasure to have posted it for you. "Cultural exchanges" are a good substitute for labels and war. Watched a Korean video last night that shows how that war, at the least, was really just a gladiatorial show on a grand scale where both sides were manipulated into warring against each other with vigor by the atrocities committed by the political police on both sides. [video=youtube;qIedEu7lL8E]http://www.youtube.com/watch?v=qIedEu7lL8E[/video]
