Cyprus surprise - Cypriot depositors to take a 'haircut'

grizzly1911

meljm2 wrote: »

that a bit rich coming from a "flipper" - worse than BTL scum

What are you on about?

Graham_Devon

Apparently, according to a TV station in Cyprus, parliament don't have enough support to back this bill, therefore, it could be rejected.

Someones just blinked.

Edit: The vote which was postponed to today has now been postponed until tomorrow.

antrobus

meljm2 wrote: »

The IMF could -- and will

Keep duing this:

The IMF didn't do anything of the kind to Iceland tho', did they?

Thrugelmir

antrobus wrote: »

The IMF didn't do anything of the kind to Iceland tho', did they?

Iceland doesn't rely on tourism for income.

IronWolf

meljm2 wrote: »

Grizzly

youve benn on here loads boasting about how you bought run down flats - stick in some twigs in a vase and paint the palce magnoelia and make a fortune.

easy money

yeh right

another BTL spiculator caight out by thier lies and greed

You need to study harder in English class your spelling is awful

cepheus

Thrugelmir wrote: »

I don't think you understand the implications of banks going under. The impact on individuals and small businesses. Like them or not. Fully functioning banks are a necessity to conduct trade these days.

I do understand, the banks should have been nationalised rather than re-capitalised, with strict pay and bonus limits for the top earners. Similar to that discussed here

Sampong

antrobus wrote: »

Since the UK isn't even in the Euro, it would appear highly unlikely that the ECB would be in a position to impose such a deal, even if all our banks were bust.

Small point but I would imagine a few days ago Cypriiots would consider it highly unlikely that the EU would freeze their bank accounts and steal their funds.

Thrugelmir

cepheus wrote: »

I do understand, the banks should have been nationalised rather than re-capitalised, with strict pay and bonus limits for the top earners. Similar to that discussed here

and the UK?

antrobus

Thrugelmir wrote: »

I don't think you understand the implications of banks going under. The impact on individuals and small businesses. Like them or not. Fully functioning banks are a necessity to conduct trade these days.

The first thing that Iceland did after its banks died, was to reinvent them PDQ.

wotsthat

Graham_Devon wrote: »

Apparently, according to a TV station in Cyprus, parliament don't have enough support to back this bill, therefore, it could be rejected.

Someones just blinked.

Can't really see them rejecting the bailout offer or negotiating a much better deal so probably looking for a way to sweeten the pill. Maybe an increase for those over the 100k threshold and a reduction for those under.