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Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out

 
recollector

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03/28/2013 02:50 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
So, 10 min left until banks will open.
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Tflair
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03/28/2013 02:50 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Its 11:50am in Cyprus, banks open at 12, so of course there is no bank run yet because the bank is not yet open. So dont throw in your tin foil hats just yet Doom Tards.

5a
Sonic

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03/28/2013 02:51 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Rosie Charalambous @RosieCharalambo 5m
#cyprus queues starting to build outside banks. Still orderly [link to t.co]
recollector

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03/28/2013 02:53 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Rosie Charalambous @RosieCharalambo 5m
#cyprus queues starting to build outside banks. Still orderly [link to t.co]
 Quoting: Sonic



I have no idea how much money they flew in Cyprus.But my guess is that won't last for more than 6 days.

The queues qill be orderly, at least for a few days.

Last Edited by recollector on 03/28/2013 02:54 AM
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Sonic

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03/28/2013 02:54 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Danny Kemp @dannyctkemp 10m
Small queues form outside many #Cyprus banks. 'There will be swearing and a lot of anger' [link to t.co]
Anonymous Coward
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03/28/2013 02:54 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Can you withdraw more cash at the bank than from an ATM? (With their restrictions)
recollector

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03/28/2013 02:55 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Can you withdraw more cash at the bank than from an ATM? (With their restrictions)
 Quoting: Anonymous Coward 9014106



No.


The money that are in the banks cannot be witdrawed, partialy or entirely, UNTIL their expiry date.The only way is the ATMs.


Transfers, another story, but MAXIMUM 10k euros and only ONCE.

Last Edited by recollector on 03/28/2013 02:56 AM
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Sonic

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03/28/2013 02:56 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Cyprus Market @russian_market 1m
I'm sure if FEMEN topless Ukrainian girls were now in Cyprus, they'd use this PR opportunity @maxkeiser @faisalislam [link to t.co]
recollector

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03/28/2013 02:57 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
They should burn down the banks, with or without their money.

Last Edited by recollector on 03/28/2013 02:57 AM
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Anonymous Coward
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03/28/2013 02:57 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Can you withdraw more cash at the bank than from an ATM? (With their restrictions)
 Quoting: Anonymous Coward 9014106


Watching the live feed at Laiki bank it looks like the ATMs aren't working but they did reduce the amount from E300 to E100 daily withdrawals and I think it's E300 in the bank itself.
Sonic

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03/28/2013 02:58 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Faisal Islam @faisalislam 9m
This man has done a list in arrival order of the 21 people outside this Bank of Cyprus branch. Very civilised. [link to t.co]
TFlair
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03/28/2013 02:58 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Could citizens not file a law suit against the banks for theft?

It is the equivilant of going into a bank and stealing the money except in this case the banks dont need a getaway car........oh wait..
Anonymous Coward
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03/28/2013 02:58 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
There are such strict limits on withdrawals that I'm sure most people won't bother queuing. They will just go to the ATM for their daily limit.
 Quoting: Anonymous Coward 36899495


yeah, makes sense
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03/28/2013 02:59 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Matina Stevis @MatinaStevis 4m
Customers waiting at Laiki branch distributed list of kcontrols. Five minutes to open. #cyprus #wsjeuro [link to t.co]
Anonymous Coward
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03/28/2013 03:00 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Rosie Charalambous @RosieCharalambo 5m
#cyprus queues starting to build outside banks. Still orderly [link to t.co]
 Quoting: Sonic



I have no idea how much money they flew in Cyprus.But my guess is that won't last for more than 6 days.

The queues qill be orderly, at least for a few days.
 Quoting: recollector


The EZB send 5 billion in cash.

The devil knows where all the cash has gone that was in there before.

The people haven’t got it, the banks haven’t got it..

Perhaps it was on the airplane that the finance minister has taken to Russia?

Express delivery… 5a
recollector

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03/28/2013 03:00 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Google "cyprus live reuters" and you will get a live feed.
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zetuff

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03/28/2013 03:01 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
ahhh
I find life very interesting..
Ostria1

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03/28/2013 03:01 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
I see mostly pensioners there.. its such a pity
Ostria
Ostria1

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03/28/2013 03:04 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Lol the people there dont wont to speak, so they pretend they dont know english, though nearly everyone in Cyprus knows english
Ostria
recollector

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03/28/2013 03:05 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Rosie Charalambous @RosieCharalambo 5m
#cyprus queues starting to build outside banks. Still orderly [link to t.co]
 Quoting: Sonic



I have no idea how much money they flew in Cyprus.But my guess is that won't last for more than 6 days.

The queues qill be orderly, at least for a few days.
 Quoting: recollector


The EZB send 5 billion in cash.

The devil knows where all the cash has gone that was in there before.

The people haven’t got it, the banks haven’t got it..

Perhaps it was on the airplane that the finance minister has taken to Russia?

Express delivery… 5a
 Quoting: Anonymous Coward 36545374



371,000 cypriot accounts at 100 euros ATM + 300 euros direct withdrawal = 400 euros/day, means like 148,000,000 euros can be withrawed everyday, with capital control.

10k of those accounts are over 100k, so those can be expected to transfer 10k euros each, so that means another 100,000,000 euros transfered a day.

A grand total of 250 million euros OUT of the banks, every day.



How long this can last ? 2 weeks ?

Last Edited by recollector on 03/28/2013 03:11 AM
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Sonic

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03/28/2013 03:05 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Joe Parkinson @JoeWSJ 2m
Doors open at Bank of #Cyprus. 8 people allowed in at one time. Journalists told to stand back (!)


Yiannis Mouzakis @YiannisMouzakis 1m
#Cyprus, just before the open, everything seems calm [link to t.co]
recollector

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03/28/2013 03:07 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
An asian guy (most likely japanese) just passed in front of camera, talking at the phone.


There are a bunch of tourists trapped in Cyprus....

Last Edited by recollector on 03/28/2013 03:07 AM
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Sonic

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03/28/2013 03:07 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Faisal Islam @faisalislam 2m
Policeman tells queue, delay opening by five minutes: " we're not quite ready". Queue up to about 30 [link to t.co]
Ostria1

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03/28/2013 03:07 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Joe Parkinson @JoeWSJ 2m
Doors open at Bank of #Cyprus. 8 people allowed in at one time. Journalists told to stand back (!)


 Quoting: Sonic


He told him to go to another bank where there were only 5 people waiting lol
Ostria
Anonymous Coward
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03/28/2013 03:09 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
bsflag

No bank run guys doom off
 Quoting: Anonymous Coward 36831390


there has already been one - capital flight by the big money men via bank units in places like london, which have remained open

no bank run in cyprus. bank holidays and capital restrictions
Sonic

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03/28/2013 03:09 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
CNBC @CNBC 2m
Banks begin opening in #Cyprus. @MCaruso_Cabrera reports that they are letting customers in one at a time.


teacherdude @teacherdude 2m
Heightened tensions, insults exchanged, pushing and showing outside #Cyprus bank. Oh, that just the reporters!
Anonymous Coward
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03/28/2013 03:11 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Can you withdraw more cash at the bank than from an ATM? (With their restrictions)
 Quoting: Anonymous Coward 9014106


Watching the live feed at Laiki bank it looks like the ATMs aren't working but they did reduce the amount from E300 to E100 daily withdrawals and I think it's E300 in the bank itself.
 Quoting: Anonymous Coward 36899495


yeah, i wondered that


how will people get paid? relying on the boss having enough cash? maybe people just do not have the funds to withdraw
Anonymous Coward
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03/28/2013 03:11 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
the whole thing is seizing up
Anonymous Coward
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03/28/2013 03:13 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Anybody who isn't there to get their money out deserves EVERYTHING they get.
recollector

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03/28/2013 03:14 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
I have been in lines at banks that were collapsing in the past years, in Romania.


I give 3 hours max, at the rate they let people inside, before people start smashing banks windows.

Last Edited by recollector on 03/28/2013 03:15 AM
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