Every world leader needs to sit down and make rules that cover every bank on the planet concerning the libor rate, illegal trading, bank bonuses, crazy lending, repayment of government loans etc

every leader. Its the only way the entire world economy can be put back on track

Germany says they have until Monday
then the loan stops.

So Germany or Russia?

Germany gives a loan of 10 Billion Euros (from IMF)

Russia gives Cash Loans for share of the Sea Gas.

They need to pick fast.

http://news.sky.com/story/1068020/cy...st-before-vote


BBC news never said a word about Russia?

Cyprus joined the €uro 5years ago
what a Dumb Move.

Should they Leave the €uro
by Monday?

And At least Ch4News Live , SkyNews Live and CNN Live
talks about the Russia Deal.
(Unlike the Bloated BBC)

"Cyprus Delays Bailout Vote Amid Russian Rebuff
More turmoil spreads as a Greek Cypriot
vote on bailout plans is delayed and Russia
declines to help the troubled EU state."
http://news.sky.com/story/1068294/cy...russian-rebuff

http://www.guardian.co.uk/business/2...ut-russia-vote

http://www.telegraph.co.uk/finance/d...lout-live.html


"Bloomberg is reporting that Eurozone
finance ministers are pushing Cyprus
to hit large depositors at both of its
two biggest banks - Bank of Cyprus
and Laiki - with losses of up to 40%,
in an attempt to get a new bailout
deal agreed in time.
Under the plan, attributed to four European officials,
the two institutions would be
smashed together to create
a 'good' bank and a 'bad' bank"

Taken from Guardian Live Feed


http://static.guim.co.uk/sys-images/...3-460x307.jpeg
A protester cries during an anti-bailout
rally by employees of Cyprus Popular Bank
outside the parliament in Nicosia today

A German MP Live on Ch4News
said its Cyprus fault
their own mess.

He said they have until Monday
and its not Germany holding a Gun to their head
its them.

http://static.guim.co.uk/sys-images/...7/-460x276.png


I wonder if they will get a Deal
by Monday?

The Cypriot parliament has approved the legislation to restructure its banking sector.

That paves the way for Laiki, the nation's stricken second-largest lender, to be split into a good bank and a bad bank

Cypriot president 'warned his friends to move money abroad' before financial crisis hit: Leader under fire as he faces just 4 days to save country from collapse

Read more: http://www.dailymail.co.uk/news/arti...#ixzz2OMF873Mt

http://i.dailymail.co.uk/i/pix/2013/...17_306x423.jpg
Typical

http://i.dailymail.co.uk/i/pix/2013/...13_634x424.jpg

From Ch4News Live
the Cyprus Leader has now told Germany he will have to step down
over their plans.

Cyprus has Underwater Gas Supply
so they could leave the €uro
and use Dollars for now, and do their own money, again

"A small explosion has taken place at a cash machine in Cyprus as a bailout agreement appeared to be "taking shape" in Brussels.

The home-made bomb went off in Limassol, according to reports."

Somebody's not happy to say the least......

"A small explosion has taken place at a cash machine in Cyprus as a bailout agreement appeared to be "taking shape" in Brussels.

The home-made bomb went off in Limassol, according to reports."

Somebody's not happy to say the least......

This is Theft plain and simple....!!!!

"Cyprus agrees €10bn bail-out deal with eurozone
Cyprus has agreed a last-ditch deal for a €10bn bail-out that will safeguard small savers, inflict heavy losses on uninsured depositors, including wealthy Russians, and keep the country in the eurozone. "

http://www.telegraph.co.uk/finance/f...-eurozone.html


Some will have up to 40% taken from their banks

http://www.guardian.co.uk/world/2013...eu-closes-bank

Banks are due to Open on Thursday
but Restrictions on amounts of Cash you can take.

Locals might want all their Euro's out of the Bank
but thats blocked

http://www.guardian.co.uk/business/2...s-cyprus-banks

Bank workers are worried many jobs will go

They might well apply this retrospectively to countries previously bailed out in the "interest of fairness" of course. If I was in one of those countries I would be inclined to start taking my money out now and putting it under the mattress.

Fisticuffs in one hours time as the Banks open for the first time
you can only take out with 300 max each day.
So visits to the Bank Every Day for months to get it all out.