Cyprus-Forum.com

by **johnny1** » Mon Mar 18, 2013 2:00 pm

sigmA NEWS.,,,
Σε μια δήλωση η οποία αναμένεται να συζητηθεί προέβη ο Γερμανός Υπουργός Οικονομικών Βόλφγκανγκ Σόιμπλε, ο οποίος ισχυρίζεται ότι η απόφαση για κούρεμα σε καταθέσεις κάτω των 100.000 ευρώ ανήκε στην κυπριακή κυβέρνηση, την Ευρωπαϊκή Επιτροπή και την Ευρωπαϊκή Κεντρική Τράπεζα.

by **cyprusgrump** » Mon Mar 18, 2013 2:06 pm

johnny1 wrote:sigmA NEWS.,,,
Σε μια δήλωση η οποία αναμένεται να συζητηθεί προέβη ο Γερμανός Υπουργός Οικονομικών Βόλφγκανγκ Σόιμπλε, ο οποίος ισχυρίζεται ότι η απόφαση για κούρεμα σε καταθέσεις κάτω των 100.000 ευρώ ανήκε στην κυπριακή κυβέρνηση, την Ευρωπαϊκή Επιτροπή και την Ευρωπαϊκή Κεντρική Τράπεζα.

German finance minister Wolfgang Schäuble has denied that Berlin is to blame for the decision to tax deposit holders in Cyprus.

Schäuble also confirmed that Germany would not have any objections to the terms of the savings levy being rejigged, as appears to be happening today.

Schäuble told reporters in Berlin that:

"The levy on deposits below 100,000 euros was not the creation of the German government...If one reached another solution we would not have the slightest problem."

That's a green light for Nicosia to reduce the impact on poorer savers, and increase the burden on the rich (see 9.09am for the latest)

by **johnny1** » Mon Mar 18, 2013 2:09 pm

maYBE there is hope yet....
come on russia......pleaseeeeeee

by **GreekIslandGirl** » Mon Mar 18, 2013 2:17 pm

sven wrote:http://www.bbc.co.uk/news/business-15593670 04/11/11
http://www.bbc.co.uk/news/business-18140620 20/5/12
http://www.zerohedge.com/news/rbs-atm-g ... -statement 23/06/12
http://www.telegraph.co.uk/finance/pers ... -cash.html 05/1/12
http://www.zerohedge.com/news/rbs-glitc ... operations
http://maxkeiser.com/2012/09/13/breakin ... l-working/

Oh those! - yes - happen all the time. That plus your money disappearing from access for 3 to 12 days during "clearing".

Euro holding against sterling and dollar ....

by **sven** » Mon Mar 18, 2013 2:25 pm

GreekIslandGirl wrote:
sven wrote:http://www.bbc.co.uk/news/business-15593670 04/11/11
http://www.bbc.co.uk/news/business-18140620 20/5/12
http://www.zerohedge.com/news/rbs-atm-g ... -statement 23/06/12
http://www.telegraph.co.uk/finance/pers ... -cash.html 05/1/12
http://www.zerohedge.com/news/rbs-glitc ... operations
http://maxkeiser.com/2012/09/13/breakin ... l-working/

Oh those! - yes - happen all the time. That plus your money disappearing from access for 3 to 12 days during "clearing".

Euro holding against sterling and dollar ....

you are so placid.

by **GreekIslandGirl** » Mon Mar 18, 2013 2:27 pm

sven wrote:
GreekIslandGirl wrote:
sven wrote:http://www.bbc.co.uk/news/business-15593670 04/11/11
http://www.bbc.co.uk/news/business-18140620 20/5/12
http://www.zerohedge.com/news/rbs-atm-g ... -statement 23/06/12
http://www.telegraph.co.uk/finance/pers ... -cash.html 05/1/12
http://www.zerohedge.com/news/rbs-glitc ... operations
http://maxkeiser.com/2012/09/13/breakin ... l-working/

Oh those! - yes - happen all the time. That plus your money disappearing from access for 3 to 12 days during "clearing".

Euro holding against sterling and dollar ....

you are so placid.

I don't like money.

by **Mikiko** » Mon Mar 18, 2013 2:30 pm

johnny1 wrote:sigmA NEWS.,,,
Σε μια δήλωση η οποία αναμένεται να συζητηθεί προέβη ο Γερμανός Υπουργός Οικονομικών Βόλφγκανγκ Σόιμπλε, ο οποίος ισχυρίζεται ότι η απόφαση για κούρεμα σε καταθέσεις κάτω των 100.000 ευρώ ανήκε στην κυπριακή κυβέρνηση, την Ευρωπαϊκή Επιτροπή και την Ευρωπαϊκή Κεντρική Τράπεζα.

This is a huge lie and has been rejected by the cy representative .

by **CBBB** » Mon Mar 18, 2013 3:02 pm

Mikiko wrote:
johnny1 wrote:sigmA NEWS.,,,
Σε μια δήλωση η οποία αναμένεται να συζητηθεί προέβη ο Γερμανός Υπουργός Οικονομικών Βόλφγκανγκ Σόιμπλε, ο οποίος ισχυρίζεται ότι η απόφαση για κούρεμα σε καταθέσεις κάτω των 100.000 ευρώ ανήκε στην κυπριακή κυβέρνηση, την Ευρωπαϊκή Επιτροπή και την Ευρωπαϊκή Κεντρική Τράπεζα.

This is a huge lie and has been rejected by the cy representative .

It is not huge lie, but they were suggesting something like 40% tax on deposits above €100,000, which would have decimated the banking system here.

by **supporttheunderdog** » Mon Mar 18, 2013 3:54 pm

the latest is that a rewrite of the agreement is possible,,,so it is not agreed. there are some plans to take out small investors and increase the take at the top to balance. The house will seemingly not vote till wed and banks will not open until Friday.

see αποκαλυπτικό: Κλείσιμο τραπεζών και επαναδιαπραγμάτευση
http://www.24h.com.cy/oikonomia/22325-prosanaboli.html

The Euro took a dive earlier to day but then ralllied a bit : is however down on last week - on 12 March it rated at 0.87 SDR, fell to 0.862 on 13th then wobbled to 0.8675 by Friday, Today it dived to 0.854 before rellaying quite fast to 0.86 or so then up to 0.863 and is now down at .0.8603 or so...(i prefer the SDR as that reflects a basket of currencies ) I suspect it will remain a bit wobbly until the house votes.

by **Demonax** » Mon Mar 18, 2013 7:08 pm

Now the Germans and the ECB are blaming each other for the fiasco. It's the plan that no-one wants to take responsibility for. That's how good a plan it is.

Germany and ECB blame each other for Cyprus levy

BERLIN - German finance minister Wolfgang Schaeuble and European Central Bank board member Joerg Asmussen during parallel events in Berlin on Monday (18 March) tried to blame each other for an unprecedented eurozone bailout deal demanding small savers in Cyprus to take losses on their bank deposits.

http://euobserver.com/economic/119463