[ExI] cyprus banks

[Mirco Romanato]

Il 19/03/2013 21:36, BillK ha scritto:
> 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.

This imply they will stop giving them paper cash monday.
The Cyprus bank will become immediately illiquid and insolvent.

Mirco