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BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!

 
Wubbo Ockels

User ID: 1101455
Netherlands
04/11/2013 07:22 AM

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BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Cyprus forced to find extra €6bn for bailout, leaked analysis shows

Crisis-hit Cyprus will be forced to find an extra €6bn (£5.1bn) to contribute to its own bailout under leaked updated plans for the rescue. In total, the bill for the bailout has risen to €23bn, from an original estimate of €17bn, less than a month after the deal was agreed – and the entire extra cost will be imposed on Nicosia. ...
FULL STORY: [link to www.forexfactory.com]



.
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Anonymous Coward
User ID: 32041464
Australia
04/11/2013 07:25 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Cyprus forced to find extra €6bn for bailout, leaked analysis shows

Crisis-hit Cyprus will be forced to find an extra €6bn (£5.1bn) to contribute to its own bailout under leaked updated plans for the rescue. In total, the bill for the bailout has risen to €23bn, from an original estimate of €17bn, less than a month after the deal was agreed – and the entire extra cost will be imposed on Nicosia. ...
FULL STORY: [link to www.forexfactory.com]



.
 Quoting: Wubbo Ockels


Insured deposit theft......here we come!
F F S

User ID: 1430651
United Kingdom
04/11/2013 07:25 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Well, what a fucking surprise

Last Edited by F F S on 04/11/2013 07:25 AM
stormer

User ID: 35713162
South Africa
04/11/2013 07:27 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
shockedviolinsfangaah
Emancipate yourselves from mental slavery - Bob Marley
SteamrolledGobias

User ID: 15716609
United States
04/11/2013 07:30 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
this is the kind of economic instability I've been waiting for.
Anonymous Coward
User ID: 37835319
Thailand
04/11/2013 07:30 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Poor bastards!

PTB will be raiding the kiddies money boxes next
SOON
User ID: 36672788
United States
04/11/2013 07:31 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
that's only the start watch russa in the next 9hrs
SteamrolledGobias

User ID: 15716609
United States
04/11/2013 07:31 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Well, what a fucking surprise
 Quoting: F F S


no worries tho cause slammy bounel soebarkah criminal and his entire felonious administration is monitoring closely

odanceodance

Last Edited by SteamrolledGobias on 04/11/2013 07:31 AM
Wubbo Ockels (OP)

User ID: 1101455
Netherlands
04/11/2013 07:31 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Buchheit was right:


Buchheit, world's leading expert on Sovereign debt restructuring:

"I'm not sure this is over"

"Cyprus Could Need a Second Bailout"

"the situation is spiraling down... they'll need more money because the economy is worse, tax collections less, deposits will flow out when they can flow out."

"the EU have certainly changed the rules of the game."



[link to www.youtube.com]
R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism.

"Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line.
The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

"The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity."

Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !!
Devoted Follower
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United States
04/11/2013 07:31 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
burnit
SteamrolledGobias

User ID: 15716609
United States
04/11/2013 07:36 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
I feel this is bad not just for Cyprus, but also for the Euro as a currency. it shows that if this can happen in Cyprus then it realistically could happen anywhere in the European Union.

Last Edited by SteamrolledGobias on 04/11/2013 07:36 AM
Anonymous Coward
User ID: 35419375
Estonia
04/11/2013 07:39 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
oh well, sell that port to russia and problems are solved. whats there to think?
recollector

User ID: 26964049
Romania
04/11/2013 07:39 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
As I fucking said since March 20th.They will STOLE at least 25 bil from Cyprus, thru "bailout", in Phase 1.

In Phase 2, they will sell EVERYTHING they have to nazis.

Last Edited by recollector on 04/11/2013 07:40 AM
recollector
Anonymous Coward
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United Kingdom
04/11/2013 07:40 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
bump
thanks for info WO, et al
stormer

User ID: 35713162
South Africa
04/11/2013 07:45 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
I feel this is bad not just for Cyprus, but also for the Euro as a currency. it shows that if this can happen in Cyprus then it realistically could happen anywhere in the European Union.
 Quoting: SteamrolledGobias


The template has been set,this shit is gonna spread like an out of control virus.
Emancipate yourselves from mental slavery - Bob Marley
No More Lies

User ID: 1707881
United States
04/11/2013 08:03 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Cyprus forced to find extra €6bn for bailout, leaked analysis shows

Crisis-hit Cyprus will be forced to find an extra €6bn (£5.1bn) to contribute to its own bailout under leaked updated plans for the rescue. In total, the bill for the bailout has risen to €23bn, from an original estimate of €17bn, less than a month after the deal was agreed – and the entire extra cost will be imposed on Nicosia. ...
FULL STORY: [link to www.forexfactory.com]



.
 Quoting: Wubbo Ockels


Insured deposit theft......here we come!
 Quoting: Anonymous Coward 32041464


THISS
Thanks to whomever upgraded my account!
:nml:
Anonymous Coward
User ID: 12169011
Australia
04/11/2013 08:08 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
they should get out of the euro but it's too important to their identity
insertfunnyusername

User ID: 37269053
Greece
04/11/2013 08:15 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
rex
Anonymous Coward
User ID: 24289757
United States
04/11/2013 08:29 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Preview of the USA.... the BILLS Must be paid by the TAX PAYER...

Obma siad a few days ago that the DEBT is falling...

Don't know what planet he lives on or what time line.. but if you look at the [link to USDebtClock.org] it says something different.

It will happen here at some point.

What did you guys thing... you can just Tax And Spend forever????
Anonymous Coward
User ID: 37852447
Canada
04/11/2013 08:48 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
It won't be on depositors.

They'll be selling tonnes of gold if they need to raise more funds.
Anonymous Coward
User ID: 31451172
United States
04/11/2013 08:49 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Anonymous Coward
User ID: 37852447
Canada
04/11/2013 08:51 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Preview of the USA.... the BILLS Must be paid by the TAX PAYER...

Obma siad a few days ago that the DEBT is falling...

Don't know what planet he lives on or what time line.. but if you look at the [link to USDebtClock.org] it says something different.

It will happen here at some point.

What did you guys thing... you can just Tax And Spend forever????
 Quoting: Leslie721



Agreed. But be careful of the Weasel Words.

He said the budget defecit was falling.

That's the RATE at which the debt rises or falls.

The rate of increase may be falling - but that's a Big Fat Fuck All when you look (as you have done) at the bigger debt picture.
Anonymous Coward
User ID: 37809878
United Kingdom
04/11/2013 09:17 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
of course they do!


gosh, i am sick of the troika. to quote the commies - come the glorious day


up against the fucking wall with the lot of them
insertfunnyusername

User ID: 37269053
Greece
04/11/2013 09:38 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
In his letter, the President of the European Central Bank, Mario Draghi, warned both the President Anastasiadis and House President Yiannakis Homer, that the cessation of the Central Bank Governor Panicos Demetriades or which process in this direction will be judged by the European Court. Policy management issues and technocratic issues should not be confused.
[link to translate.google.gr]

spock
Anonymous Coward
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Indonesia
04/11/2013 10:07 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
100% deprived, if a country got a bailout for the 1st time, it will need the 2nd time and maybe next time they need again.. who give a bailout want to suck dry other country
Anonymous Coward
User ID: 37742389
United States
04/11/2013 10:09 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Good thing they did not default and pull an iceland they could have lost everything.

Deep sarcasim intended.
Anonymous Coward
User ID: 37854942
United Kingdom
04/11/2013 10:26 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Good thing they did not default and pull an iceland they could have lost everything.

Deep sarcasim intended.
 Quoting: Anonymous Coward 37742389


well funny but its too fuking dred
1rof11dunno1
anonymous bastard
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04/11/2013 10:32 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
if they try to sell cyprus they wont get this much for it !!

this is useless and point less !
Face Palmer
Rated "P" for pathetic.

User ID: 1149868
Germany
04/11/2013 10:33 AM

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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
Euro rising, Italy junks too. This is Madness
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
insertfunnyusername

User ID: 37269053
Greece
04/11/2013 10:38 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
if they try to sell cyprus they wont get this much for it !!

this is useless and point less !
 Quoting: anonymous bastard 36601216


Yep, Cyprus ain't worth a cent. anon


CYPRUS may have up to 40 trillion cubic feet (tcf) of natural gas reserves in some of its blocks within its exclusive economic zone (EEZ), and could start exporting 2.0 tcf of liquefied natural gas a year by 2020, the head of the Hydrocarbons State Company (KRETYK) Charles Ellinas said yesterday.

In all, Cyprus may claim some 60 tcf from the estimated 122 tcf of natural gas in the Levantine basin, according to a US geological survey assessment cited by Ellinas.

[link to www.cyprus-mail.com]
TOTRhombus

User ID: 25599408
United States
04/11/2013 10:40 AM
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Re: BREAKING!!! CYPRUS FORCED to find EXTRA €6BN for BAILOUT !!!
NO! NO! NO! Pay no attention to the rape of the Cypriots' life savings and subsequent Eurozone economic collapse!

Watch this delightful Lil' Kim smiley instead.

kimmajortom
I don't know where you get your delusions, laser brain.

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