[Sirius]

Originally Posted by Damien

Yes, Cyprus should pay something themselves to the bailout. I can see why they are angry that Germany aren't just paying the whole thing themselves.

Originally Posted by martyh

seems to me that whatever happens Cyprus is screwed .The banks will be emptied because the general public don't trust them ,the Russian money launderers will remove their money because they are just greedy crooked sob's and won't want to pay 10% of their billions meaning the banks who lent 8x the Cypriot GDP at a time when the banks where supposed to be reigning in their lending and keeping capital in the bank are royally screwed and will probably fail anyway

---------- Post added at 17:01 ---------- Previous post was at 16:56 ----------



If someone has to pay then maybe the Russian oligarchs should contribute a lot more ,they have used Cyprus for years to hide their money ,that's why president Puttin is so upset.Reckon he's got a stash he's going to lose 10% on.

I wonder how many Cypriot MP's have moved money out of Cyprus into other banks in the last few weeks ?

Tomorrow will be the crunch day. Cypriots would have been expecting to be able to get at there money tomorrow but now they will find that the banks are shut till Thursday. I expect protests to develop into riots by tomorrow evening. The EU is going to get nothing but bad press over this.