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Cyprus Toxic Negotiations 1

Cyprus (12): Toxic And Difficult Negotiations With Confidence-Damaging Proposals…

As Cyprus continues to loose its capital controls, the Euro Zone Finance ministers are meeting in Dublin today, for discussing the central topic of Cyprus contribution to a 23bn euros rescue package: Cyprus bailout: Eurozone finance ministers [...]
Euros 1

Cyprus (8): Bank Restructuring + Competitiveness + Energy Geopolitics = New Financial Model.

Banks in Cyprus is to remain closed until Thursday in an effort of the Central Bank on the island to control an expected withdraw of foreign deposits after Nicosia accepted the troika’s rescue plan: Cyprus banks remain closed to avert [...]
Cyprus Bailout 6

Cyprus (6): Unclear Bank Restructuring (Minus) Tourism = Extreme Austerity…

As the government in Cyprus has tried to meet a Monday deadline for averting a catastrophic financial collapse, President Anastasiades is to fly in Brussels today, for having a close round of consultations with EU officials: Cyprus seeks 11th-hour [...]
Cyprus Euro Negotiations 1

Cyprus (4): Banking Finances + Energy + Regional Geopolitics = Solution

Cyprus is facing the most serious (multi-dimensional) crisis since the Turkish invasion in 1974, as Nicosia is working for preparing its plan B, but troika seems to reject it. On the other hand Cyprus holds low profile about the discussion in [...]
Cyprus Flag 1

Cyprus (3): Germany’s First Mediterranean Battle Of Waterloo..!

Cyprus parliamentary vote on rejecting the bank deposits levy, gives a new political, diplomatic and financial dimension to the euro crisis, as democracy counts more than money and numbers. Brussels and Berlin have already feared that crisis [...]
Euro Crisis 51

Euro Crisis 51: Is Cyprus The New “Fiscal Hamster” Of The Eurozone..?

 As the European Southern countries continue to live with the tragical consequences of the euro crisis, Cyprus is becoming the new field of fiscal experiment by Brussels. The regional and international fiscal consequneces can be really unpredictable: Stingy [...]
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