Comments on: All Cyprus plan Bs look dreadful http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/ Mon, 18 Apr 2016 14:55:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: here http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-1051 Wed, 01 Oct 2014 14:22:57 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-1051 There isn’t a making your way around the possibility that eco-friendly, puppy pleasant shoes are high-priced in comparison to the alternative kind. But as a swelling heart and soul, you ought to consider this value onto your satisfaction. Individually, I’d rather bleed a bit of money when compared with wear an issue that bled an increased amount of another thing..

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By: DLT http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-581 Fri, 22 Mar 2013 12:08:57 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-581 No EU country can be “forced out of the EU” under EU law. Even if it voluntarily decided to leave the EU, it it might not be able to do so under the current EU legislation.- there simply is no mechanism for doing that.
Quitting the Euro Zone is a totally different thing, and is actually in the best interest of Cyprus. Joining the EZ was a terrible mistake anyway.Exiting the EZ will certainly cause short term pain,but with a reestablished currency sovereignty, Cyprus will quickly return to its condition before it joined the EZ – strong growth and low unemployment.
The same is equally true for the rest of the depression-stricken Eurozone countries. If they remain in “Austerity Camp”, run by Germany and its ideological allies, they will be suffer decades of pointless, unnecessary depression, be devastated economically, politically and socially, and still be forced to quit the EZ, after all the misery.

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By: breezinthru http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-579 Fri, 22 Mar 2013 01:13:33 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-579 I agree with Urban_Guerilla that the EU should indeed respect the 100000 Euro guarantee, but Cypress is under no obligation at all regarding amounts above the guaranteed amount.

Those whose balances are much, much higher than 100000 Euros are likely dodging taxes or shirking other financial obligations in their home country.

Why should ordinary citizens in Cypress feel obligated to sacrifice in order to shelter those dishonorable, extraordinarily wealthy people/corporations from losses?

Riddle me that.

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By: Urban_Guerilla http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-578 Thu, 21 Mar 2013 13:40:54 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-578 The EU should respect the deposit guarantee.

But anything over €100k is fair game. They should tax that at 20%. They should also lease Russia a naval base to keep them on side. They could lease the first ten years for free if Russia feels the need to compensate its citizens.

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By: SamuelReich http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-577 Thu, 21 Mar 2013 03:01:00 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-577 I like the European solution of taking away the reason to deposit money in banks. Without banks the bank regulation problems are solved. Education is boosted because every one will need to become their own investment manager and learn economics and accounting. It also eliminates the head criminal element, top bankers.

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By: Julian-Scutts http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-576 Wed, 20 Mar 2013 22:00:35 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-576 Why reserve the decidedly pejorative expression “sell their soul” to the Russians and not apply it to, say, the eurozone. the Greek Cypriots, the heirs of the Kingdom of Jerusalem and doughty defenders of their independence, as the British learned to their cost in the 1950s, are not likely to sell their souls to the devil however identified.Support for Plan A is predicated on the theory that the right mix of bullying and bargaining will win through as in the case of overcoming the Irish reluctance to pursue the European agenda. Talk of the Devil, who thought of the idea of purloining savings that were supposedly insured against loss and excusing this “mistake” with the promise, attented by belching and grunting: “Sorry about that, won’t happen again, promise.”

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By: Duhhh101 http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-575 Wed, 20 Mar 2013 16:55:11 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-575 @ LauNed – Since when can the readers not read anymore? It says “..Even with 10 billion euros, Cyprus’ debt will rise to around 130 percent of GDP…”. That implies that total debt PLUS the 10bln promised will grow to be 130% of GDP. The Russians will negotiate a harbor for their fleet PLUS the gas-fields for GazProm. And Cyprus will thus leave the EU and go their own way. “Sail off into the sunset on a Russian destroyer” or should we say “Embark on the sister-ship of the Kursk?”

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By: LauNed http://blogs.reuters.com/hugo-dixon/2013/03/20/all-cyprus-plan-bs-look-dreadful/comment-page-1/#comment-574 Wed, 20 Mar 2013 11:52:42 +0000 http://blogs.reuters.com/hugo-dixon/?p=533#comment-574 Before publishing important news, one should check facts, especially when working for Reuters.

Under which calculation did 10 Billion euro represent 130% of Cyprus’ GDP of aprox. 18 Billion euro ?

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