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Message Subject Cyprus banks remain closed for another 5 days & will provide controls over withdrawal of money
Poster Handle Anonymous Coward
Post Content
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The bank run has already started there from the ATM withdrawals alone.

"...that the banks remain shut until that deal is concluded to minimize the low-level bank run that is already under way as Cypriots continue to empty automatic cash machines"

[link to online.wsj.com]
 Quoting: Anonymous Coward 36576971


Well, duh, to the WSJ, I mean if there weren't a bank run via ATMs in progress they wouldn't have needed to airlift
a million euros to keep refilling them.
 Quoting: Anonymous Coward 1482838


If you read the article you'd notice that it was written yesterday. Prior to the money being airlifted. The fact remains though that Duh bank run not as mild as they're stating and the widrawals are flying out faster than they can fill those machines. They will not be able to keep them full. How much of a dent do you think a million euros is going to make when people are trying to empty their accounts while they can? A million euros is a drop of water in an ocean at this point.
 Quoting: Anonymous Coward 36576971


Which would make sense if someone was actually filling ATMs. The money being flown in is for specific purposes - Russians aiding Russians, the UK aiding their military and civilian staff stationed there.

No one is 'filling ATMs' for general use out of the goodness of their hearts.

Do people sound this shit out in their heads before they type it? (Rhetorical question)
 Quoting: Anonymous Coward 1158628


They have been doing a little of everything. Trying to fill ATM's , people have been getting money out of them. The Brit's also sent funds to their people as they should and so have the Russian's .... Nothing wrong with that.
 
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