[ExI] cyprus banks

BillK pharos at gmail.com
Tue Mar 19 20:36:05 UTC 2013


On Tue, Mar 19, 2013 at 7:57 PM, spike wrote:
> Sounds like the robbery may have been foiled.  Usually some desperate prole
> robs a bank.  This time some desperate banks robbed the proles.  But the
> headlines are ambiguous.  Sounds to me like it was stopped?  Europeans, our
> news agencies are puzzled on how to report this story with the usual
> political spin, so they end up writing confusing and apparently
> self-contradictory stories.  Did the Cypriot banks take the money or not?
>
>

The Cyprus parliament voted to reject the deal.

ECB responded that it would provide "liquidity within existing rules."
(Whatever that means).

Situation still surrounded by a cloud of speculation.

BillK



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