Cyprus surprise - Cypriot depositors to take a 'haircut'

Gloomendoom

socrates wrote: »

It may have been reported but the fact that the Cypriots were told to confiscate the load by the Americans who then walked away from it is the real story that was never reported

That isn't what I heard. Both us, the British, and the US both offered help to make the explosives safe. The Cypriot government chose to decline the offers of help.

socrates

Gloomendoom wrote: »

That isn't what I heard. Both us, the British, and the US both offered help to make the explosives safe. The Cypriot Government chose to decline the help.

Very interested to see links for this - I have been following the inquiry/trial currently going on in Cyprus and this has not been mentioned

If what you say is true then the guys on trial need to be shot!

Gloomendoom

socrates wrote: »

Very interested to see links for this - I have been following the inquiry/trial currently going on in Cyprus and this has not been mentioned

If what you say is true then the guys on trial need to be shot!

There is a bit more to it than that,

The Cypriot government had declined offers from Germany, the United Kingdom and the United States to remove or dispose of the material, having feared an adverse reaction from Syria.[5] The government had instead requested that the UN effect the removal, but claimed that its request had been rejected

Admittedly, this is Wiki but it backs up what I read from a multitude of other sources at the time. I was particularly interested in the story because I was in Cyprus the day after the bang.

https://en.wikipedia.org/wiki/Evangelos_Florakis_Naval_Base_explosion

socrates

Gloomendoom wrote: »

There is a bit more to it than that,



Admittedly, this is Wiki but it backs up what I read from a multitude of other sources at the time. I was particularly interested in the story because I was in Cyprus the day after the bang.

https://en.wikipedia.org/wiki/Evangelos_Florakis_Naval_Base_explosion

Fair play so why did the UN reject it

Gloomendoom

socrates wrote: »

Fair play so why did the UN reject it

If they did. Maybe they were also worried about the reaction from Syria.

Regardless of the offers of help, some idiot decided to store a ship load of explosives next to the main power plant on the island. If they had been kept in a controlled environment this may not have been so stupid but they weren't, they were kept in unventilated shipping containers under the sub-tropical sun.

socrates

Gloomendoom wrote: »

If they did. Maybe they were worried about the reaction from Syria.

Regardless of the offers of help, some idiot decided to store a ship load of explosives next to the main power plant on the island. If they had been kept in a controlled environment this may not have been so stupid but they weren't, they were kept in unventilated shipping containers under the sub-tropical sun.

Agree with you fully

antrobus

Gloomendoom wrote: »

...Admittedly, this is Wiki but it backs up what I read from a multitude of other sources at the time. I was particularly interested in the story because I was in Cyprus the day after the bang....

The information in Wiki comes from a Cyprus Mail report reproduced here:-
http://www.parikia.co.uk/daily-news/cyprus-news/cyprus-news-in-english/23263-criminal-errors-in-navy-base-blast.html

It does appear that the Cypriot minister of defence was convinced that "the material is completely safe, there is no risk", and thus no action was necessary.
http://famagusta-gazette.com/anger-as-defence-minister-remains-at-post-p12427-69.htm

socrates

I heard from a very reliable source that there MAY BE a 'special levy' implemented in Greece - of between 6 and 10% and that is across the board - meaning even those below 100,000 Euros

Lets see.....