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23.03.2013

"Keep Cypriot!"

According to the author Tageszeitung Jens Berger, "responsible for a failed rescue Cyprus shout:" Stop thief! "To divert attention from their own incompetence. Particularly striking that their national chauvinism is a success at the bourgeois public, because it is directed against Russia."

Tax on deposits in Cypriot banks can take up to 25%
23.03.2013

Tax on deposits in Cypriot banks can take up to 25%

The Cyprus government is preparing a bill to impose a single tax on deposits above 100 thousand euros, the tax could reach 22% to 25%, reported on Saturday morning's business information "Naftemporiki".

Moody's downgraded the rating of major banks in Cyprus
23.03.2013

Moody's downgraded the rating of major banks in Cyprus

International rating agency Moody's downgraded the rating of the three largest banks in Cyprus - Bank of Cyprus, Cyprus Popular Bank and Hellenic Bank.

Cyprus Parliament passed a law on the establishment spetsinvestfonda
23.03.2013

Cyprus Parliament passed a law on the establishment spetsinvestfonda

On Saturday night the Cyprus Parliament approved a law limiting withdrawals from banks and the creation of a special investment fund, which should help raise the necessary funds to Cyprus for the EU and IMF aid.

Demonstrators burned the EU flag in front of the Parliament of Cyprus
23.03.2013

Demonstrators burned the EU flag in front of the Parliament of Cyprus

Demonstrators burned the EU flag in Cyprus near the parliament building during a protest against an unprecedentedly harsh conditions for granting aid to the republic on the verge of bankruptcy.

If Cyprus would Putin in his fist, the West lost the first battle in the new Cold War
23.03.2013

If Cyprus would Putin in his fist, the West lost the first battle in the new Cold War

"The capitalists are willing to sell us the rope with which we will hang them", - said Vladimir Lenin.

Europe prepares for bankruptcy Cyprus
23.03.2013

Europe prepares for bankruptcy Cyprus

The current situation around Cyprus, according to the material browser German Die Welt Martin Grayve escalated to such an extent that the Eurozone begins to prepare for the worst

Europe does not have miscalculated the reaction Kremlin decisions on Cyprus
23.03.2013

Europe does not have miscalculated the reaction Kremlin decisions on Cyprus

The situation in Cyprus can cause a chain reaction that will destabilize the European currency.

"We pray that Russia found a way to help Cyprus"
22.03.2013

"We pray that Russia found a way to help Cyprus"

Chief Auditor of the Cyprus Orthodox Church Ioannis Harilaou - readiness to lay church property to save the country

Latvian banks are waiting for investors from Russia, who will leave Cyprus
22.03.2013

Latvian banks are waiting for investors from Russia, who will leave Cyprus

The Cyprus crisis can be very beneficial for Latvian banks.

Cyprus enters the mode
22.03.2013

Cyprus enters mode "state of emergency" in the economy

On Friday, 22 March Cyprus translates the financial system in a state of emergency.

Merkel rejected Cypriot rescue plan
22.03.2013

Merkel rejected Cypriot rescue plan

German Chancellor Angela Merkel criticized plans Nicosia for your pension fund out of the crisis.

Bank of Cyprus called for a European rescue plan
22.03.2013

Bank of Cyprus called for a European rescue plan

The call to agree on EU demand for levying a single tax on large deposits made by the largest bank in Cyprus Bank of Cyprus.

In supermarkets Cyprus products left for two or three days
22.03.2013

In supermarkets Cyprus products left for two or three days

In supermarkets, Cyprus remains a product of two or three days, the chairman of the Association of local supermarkets.

Eurogroup proposed plan to overcome the crisis in Cyprus
22.03.2013

Eurogroup proposed plan to overcome the crisis in Cyprus

The finance ministers of the eurozone countries (Eurogroup) proposed a new plan to address the financial crisis in Cyprus, Western media reported, citing anonymous sources.

Francois Fillon did not like the decision taken on Cyprus
22.03.2013

Francois Fillon did not like the decision taken on Cyprus

According to the former French Prime Minister Francois Fillon, the Eurogroup decision on Cyprus - lunacy, writes Francois Quesnel in an article published in the newspaper Les Echos.

Eurogroup rejected a plan to stabilize the government of Cyprus
22.03.2013

Eurogroup rejected a plan to stabilize the government of Cyprus

The Eurogroup has refused to accept a stabilization plan to rescue the financial system of Cyprus, submitted on Thursday the government of the island nation, sources said the European Commission.

Cyprus: Russian reaction
22.03.2013

Cyprus: Russian reaction

A week later, after the EU and IMF announced a plan to rescue Cyprus, it becomes clear how little attention has been paid to assessing the implications of these proposals, writes Nick Butler blog The Financial Times.

Official statement of Hellenic Bank
22.03.2013

Official statement of Hellenic Bank

Hellenic Bank believes that the decision of the Eurogroup was purely political, and not based on facts. Moreover, the conditions of the last exit plan out of economic difficulties are unlikely to help the economy of Cyprus.

Shocked moratorium Moscow refuses to help Cyprus
22.03.2013

Shocked moratorium Moscow refuses to help Cyprus

Despite the size of Russian capital in Cyprus, Moscow, seems in no hurry to the aid of the second home of their companies and their nouveau riche, writes Marie Zhego in the newspaper Le Monde.

Cyprus even more cool relations between Russia and the EU
22.03.2013

Cyprus even more cool relations between Russia and the EU

Prime Minister Medvedev said that the resolution of the crisis in Cyprus need to look "with the participation of all stakeholders, including the Russian structures," writes The Financial Times.

Large investors may lose Cyprus 40% savings
22.03.2013

Large investors may lose Cyprus 40% savings

The finance ministers of the eurozone countries threaten 17 forcibly separate the two largest banks in Cyprus on the "good" and "bad" banks, which will result in the loss of large contributors to 40% posted in these financial institutions funds.

Cyprus: Europe fears of a systemic crisis
22.03.2013

Cyprus: Europe fears of a systemic crisis

Disaster may come from an unexpected Brussels is concerned that the situation in Cyprus, representing not more than 0,2% of eurozone GDP, could trigger a chain reaction that destabilize the single currency,

Cyprus Greece sell offices of Cypriot banks
22.03.2013

Cyprus Greece sell offices of Cypriot banks

Cyprus has reached an agreement with Athens to sell its offices of Cypriot banks operating in Greece, said on Friday the presidential press service of Cyprus.

Medvedev: Russia will not close the door for Cyprus
22.03.2013

Medvedev: Russia will not close the door for Cyprus

Russia will continue to liaise on the Cyprus issue with the authorities of this country and the EU, said Friday, Russian Prime Minister Dmitry Medvedev.

Forbes: The situation in Cyprus and the crisis year like 2008
22.03.2013

Forbes: The situation in Cyprus and the crisis year like 2008

Interviewed by Forbes financiers called the "haircut" of deposits in Cypriot banks and the associated freeze accounts only as a second Lehman Brothers, because this action undermines the credibility of the entire European banking system.

British media: Cyprus may dilute Russia and Europe
22.03.2013

British media: Cyprus may dilute Russia and Europe

Russia is unhappy that the European Union had not warned her about the decision of the Cypriot tax deposits, and Europe is dissatisfied with Moscow's criticism, which led to the cancellation of this decision, according to foreign media on Friday.

Parliament session delayed due to negotiations with the "troika"
22.03.2013

Parliament session delayed due to negotiations with the "troika"

Due to negotiations with the "troika" of creditors meeting of the Cyprus Parliament, which should be discussed a new plan to save the island's economy, has been postponed, reported local media on Friday.

Russia refused to help Cyprus
22.03.2013

Russia refused to help Cyprus

Having received no aid from the West, the island of Aphrodite became hopeful look to the East.

German Gref: happy ending, Cyprus will not be
22.03.2013

German Gref: happy ending, Cyprus will not be

Cyprus government for too long failed to act to suddenly a miracle happened. Will Cyprus out of the crisis with dignity and when?

Cyprus Finance Minister flew from Moscow
22.03.2013

Cyprus Finance Minister flew from Moscow

Cyprus Finance Minister Michalis Sarris flew from Moscow without achieving results in the negotiations for assistance, Cypriot media reported.

Nicosia negotiations with Moscow to no avail
22.03.2013

Nicosia negotiations with Moscow to no avail

Russia is not interested in the offer of Cyprus to rescue the financial system of the island. Negotiations finance ministers of the two countries ended in vain.

Media: The ECB intends to prevent the outflow of capital from Cyprus
22.03.2013

Media: The ECB intends to prevent the outflow of capital from Cyprus

To prevent a massive outflow of capital from Cyprus, the ECB intends to limit the amount that bank depositors can withdraw the island at ATMs.

Cypriot authorities economy on the state of emergency
22.03.2013

Cypriot authorities economy on the state of emergency

The Government of Cyprus submitted through a bill imposes a restriction on the movement of capital and takes more than a dozen tough measures because of the "state of emergency" in the economy, is transmitted to the Greek media on Friday.

Cypriot authorities: the fate of deposits in bank restructuring
22.03.2013

Cypriot authorities: the fate of deposits in bank restructuring

Insured deposits, the second largest bank in Cyprus Cyprus Popular Bank in the event of restructuring will be saved, depositors of the bank should not be afraid, told reporters Acting Chairman of the Democratic presidential party fee (DISI) Averof Neophytou.

Turkey warned Cyprus against the bailout by gas
22.03.2013

Turkey warned Cyprus against the bailout by gas

Turkish authorities to challenge the actions of Cyprus if he will investigate the natural gas deposits in its territorial waters in order to save the country's economy.

Eurozone solve the problem without the participation of Russian capital
22.03.2013

Eurozone solve the problem without the participation of Russian capital

Eurozone able to resolve their problems on their own and without the participation of the Russian capital, said Thursday the German television channel Phoenix European Parliament President Martin Schulz.

S & P downgraded the sovereign credit rating of Cyprus
22.03.2013

S & P downgraded the sovereign credit rating of Cyprus

International rating agency Standard & Poor's on Thursday downgraded by one notch - to «CCC» - the sovereign credit rating of Cyprus, reports AFP.

Eurogroup urged Cyprus to retain deposits 100 thousand euros
22.03.2013

Eurogroup urged Cyprus to retain deposits 100 thousand euros

The finance ministers of the eurozone countries (Eurogroup) called on the authorities to free Cyprus from the single tax bank deposits that do not exceed 100 thousand euros.

Turkey puts a spoke in the wheel of Cyprus
22.03.2013

Turkey puts a spoke in the wheel of Cyprus

International agency Standard & Poor's downgraded the rating of Cyprus by one notch to "CCC +" to "CCC". Rating outlook "negative."