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  • Cyprus risks euro exit after EU bailout ultimatum

    From reuters.com

    The European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone. In a sign it was at least preparing for the worst, the Cypriot government sought powers on Thursday to impose capital controls to stem a flood of funds leaving the island if there is no deal before banks reopen following this week's shutdown. Parliament will reconvene later on Friday to debate a raft of government crisis measures after lawmakers adjourned a late-Thursday sitting saying they needed more time ... (full story)

crap !!
No it is not crap !
  •  Guest
  • | IP XX.XXX.117.17
didn't they said the same craps to Greece for many years of risks exit euro.
  •  Guest
  • | IP XX.XX.37.84
anybody know the reason for the es selloff?
Well, not likely to exit the EZ but definitely is a revolver duel between Germany and tiny Cyprus. It is the game "who will cave first" :-).
The Euro Experiment is ever closer to the end.
When the facts change I change my mind, what do you do sir
If cyprus leave EZ they will suffer great difficult times for a while. But my opinion is they will go under Russia wing after and even might be better without the Germany's tirany over countries. And their mania to control Europe !!!
Quoting Alexeii
If cyprus leave EZ they will suffer great difficult times for a while. But my opinion is they will go under Russia wing after and even might be better without the Germany's tirany over countries. And their mania to control Europe !!!
Hey, if a high risk client wants my money they'd have to obey my rules. Beggars cannot be choosers. However, after the pain, Cyprus will be better for it. The EZ is a mess that will not be truly fixed.
When the facts change I change my mind, what do you do sir
  •  Guest
  • | IP XX.XXX.153.162
In the end of the day the EU will rescue Cyprus and will not allow the exit, Greece was at a worse situation and been bailed out.
Quoting Pip Anon
Hey, if a high risk client wants my money they'd have to obey my rules. Beggars cannot be choosers. However, after the pain, Cyprus will be better for it. The EZ is a mess that will not be truly fixed.
Why they then put european Union in the smae scale as USA. This is absolute crap. In Europe Germany got the other countries for their balls exccept Swetzland, England, finland.. etc the big ones, And the small ones have to obey them like slaves for what reason. We have 1 ogran of control - Germany and their ECB that dictates rules all the time. Who gave them that right ??? Who da FAK they think they are ? Fak their euro -
We dont need no edcucation , no thoughts control !!!!
What's the impact for Euro Zone and EUR if Cyprus decided to exit Euro Zone?
Quoting adriantr
What's the impact for Euro Zone and EUR if Cyprus decided to exit Euro Zone?
Nobody knows this , but I am only guessing the pip scale down 560, down 780, down 1340... and may be further
Quoting Pip Anon
The Euro Experiment is ever closer to the end.
Yep - more and more turn to resemble the "Experiment" from the "Град обречений" (Аркадий и Борис Стругацки) :-).
I think after Exit the EURO would go up ... up .... reaction would be like with stock market, when layoffs begin ... more exits are better for currency ... hahahahhaaa
So, this is the time of shifting Euro high.
maybe EU go to down until 1.26
In my view, the ECB was never really committed to helping Cyprus out. The Cyprian authorities on the other hand made two mistakes, firstly they mis-interpreted the ECB proposal - it was actually an instruction and secondly they communicated these news to the public causing the country to become un-governable. The bank run is inevitable, its just a question of time. If there are further delays in the opening of banks the people might resort to desperate measures like full-blown violence causing untold physical damage to the buildings and other infrastructure not to mention loss of life. The end for this Cyprian drama is already bad, the challenge is for the Cyprian authorities to pick the one with lesser pain but pain is inevitable. I sympathize with its citizens but they need to face reality and prepare themselves for the worst. The lessons learned from this fiasco, never trust these fat dizzy cats with your hard-earned cash, under my bed is still the best place for my money!
  •  Guest
  • | IP XXX.XXX.221.196
Quoting HendiSTR
maybe EU go to down until 1.26

imho, I highly doubt it. Price couldn't even get to 1.2800 this week with ALL the bad news out of Cyprus and EZ...I don't see it selling off 300pips today.
Quoting Guest
imho, I highly doubt it. Price couldn't even get to 1.2800 this week with ALL the bad news out of Cyprus and EZ...I don't see it selling off 300pips today.

not today maybe next week...
Quoting Jacqueline
In my view, the ECB was never really committed to helping Cyprus out. The Cyprian authorities on the other hand made two mistakes, firstly they mis-interpreted the ECB proposal - it was actually an instruction and secondly they communicated these news to the public causing the country to become un-governable. The bank run is inevitable, its just a question of time. If there are further delays in the opening of banks the people might resort to desperate measures like full-blown violence causing untold physical damage to the buildings and other infrastructure...
How do you trade FOREX then, you call your broker and send them the money same time you explain what you want on your position ? Perhaps you can explain to us...
You are talking about "fat-cats" in FOREX trading web-site. Peopple here are trying to make money and get rich. You came to criticise rich peoople...I quess your place is not here.
euro goes weaker and weaker. dollar goes stronger and stronger. and gold continues to fall. 1615 is a strong ceiling' it has bounced back from it again and again.

the brief rally was only exactly that - brief. now it's back to the decline. soon to be near the next support level of 1600.
Quoting HendiSTR
maybe EU go to down until 1.26
agreed.
Quoting longorshort
agreed.

just spekulan..LOL
Quoting michaelpelly
Well, not likely to exit the EZ but definitely is a revolver duel between Germany and tiny Cyprus. It is the game "who will cave first" :-).
You mean it is a game of Russian Roulette!

Perhaps the Cypriots should start talking to the North Koreans, then maybe everybody else would pay a bit more attention.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Quoting Exodus
You mean it is a game of Russian Roulette!

Perhaps the Cypriots should start talking to the North Koreans, then maybe everybody else would pay a bit more attention.
hahahah
Quoting Alexeii
Why they then put european Union in the smae scale as USA. This is absolute crap. In Europe Germany got the other countries for their balls exccept Swetzland, England, finland.. etc the big ones, And the small ones have to obey them like slaves for what reason. We have 1 ogran of control - Germany and their ECB that dictates rules all the time. Who gave them that right ??? Who da FAK they think they are ? Fak their euro -
We dont need no edcucation , no thoughts control !!!!
Never said I agreed. However, it is what it is. The clusterf&#K was long set in place.
When the facts change I change my mind, what do you do sir
Quoting Alexeii
How do you trade FOREX then, you call your broker and send them the money same time you explain what you want on your position ? Perhaps you can explain to us...
You are talking about "fat-cats" in FOREX trading web-site. Peopple here are trying to make money and get rich. You came to criticise rich peoople...I quess your place is not here.
Oh, the VOICE of Cyprus in russkie language - when is your visa expiring?
This may b another trick. Eu maybe heading up since every expectation is that it is going down.
Now, letīs pray for eu......
Spain is the next....
How many countries will stay in EU???
Quoting rigpa
How many countries will stay in EU???
north ones, PIGS have to be slaughtered
  •  Guest
  • | IP XX.XXX.56.244
Cyprus is not exiting the EZ. EU needs Cyprus.
Reply to Ulterior
north ones, PIGS have to be slaughtered

I can't fit a "C" into "PIGS" or are your grouping it with "G" ??
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  •  Guest
  • | IP XX.XX.14.86
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  • Story Stats
  • Posted: Mar 22, 2013 1:16am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 34  /  Views: 7,365