Cyprus-Forum.com

[ninglaura]

I aam confused, how is the ecnomic now exactly? Is it really that bad? Or the government has some perfect measures to deal with eh crisis?

[halil]

Angry savers push way into Cyprus parliament to protest misleading sale of investments

By Associated Press, Dec 11, 2012 04:09 PM EST

AP Published: December 11
NICOSIA, Cyprus — Cypriot police say a group of investors and savers protesting outside parliament shoved their way past security and entered the building.

The protesters claim the Cypriot banks sold them investment products under false pretenses to raise desperately-needed cash. Cypriot banks lost billions on their holdings of Greek debt during the financial crisis. They’re being bailed out as part of a larger rescue for the country
Police spokesman Andreas Angelides says the shouting protesters briefly interrupted a meeting Tuesday of a parliamentary committee looking into banking issues.

Angelides says the protesters left the building shortly afterward and no arrests were made.

Cyprus has reached a preliminary deal with the European Commission, the European Central Bank and the International Monetary Fund on a bailout for its banks.

http://www.washingtonpost.com/business/ ... story.html

[kurupetos]

[CBBB]

As you can see, everything is just fine and all of our citizens are happy.

[kurupetos]

I aam confused, how is the ecnomic now exactly? Is it really that bad? Or the government has some perfect measures to deal with eh crisis?

Better than your spelling and grammar.