Greeks are deeply stunned and green from envy, to hear the debate inside the Cypriot Parliament during the crucial voting on bank deposits tax

Outside parliament equally angry crowds called for a „No“ vote and held up signs warning that other financially crippled European nations like Italy and Spain could be next.

The House plenary has rejected a draft bill on Cyprus` bailout agreement that provides for an unprecedented levy to be imposed on savings in Cyprus banks (haircut) with 36 votes against and 19 abstentions.

Nimmt man die Aussage Jean Claude Junckers, welcher sagte „Wir beschließen etwas, stellen dies in den Raum und warten einige Zeit ab, was passiert“, dann passt das genau in das aktuelle Szenario rund um und in Zypern.

“The 5 Star people that voted for Grasso as opposed to Schifani, knew all too well who Schifani is and they chose the least worst, that is Grasso. But they didn’t have the foggiest idea of who Grasso is, and that is a big problem. Especially for those that say they get their information from the Internet so as to escape the regime propaganda. If they had truly read up on this, they would have discovered that the Schifani-Grasso dualism was fictitious. Schifani has always been pleasing to the PD, and in fact, 5 years ago they didn’t put up a candidate to stand against him, they consigned blank ballot papers in the election and they sent Ms Finocchiaro to give him a kiss on the cheek.“

Greek prime minister Antonis Samaras cancelled his official visit to Finland, scheduled for March 22-24rd 2013. No official explanation was given.

Dies erklärte der Präsident der Euro-Gruppe Jeroen Dijsselbloem am Montag.

Osborne insists Brit forces hit by bank bailout to get ‚every penny‘ back
Chancellor intervenes to overrule Ministry of Defence to protect troops
Tax grab would charge 6.75% on all deposits under £86k and 9.9% over that
In exchange Cyprus receives £8.6bn in rescue money from EU, IMF, ECB
Ministers expected to propose counter deal to save small savers more
Brits expats to have pension payments frozen to avoid the tax, says minister

The government, under its new conservative leader, Nicos Anastasiades, maintains that Cyprus has no choice but to accept the bailout with the levy, or go bankrupt. But the 56-member parliament, scheduled to meet at 6pm on Tuesday, is still expected to vote no.

Zimbabweans have approved a new constitution that curbs the powers of the president and puts the turbulent southern African country a step closer to holding full elections in the next few months, the election commission said on Tuesday.

Cyprus’s Parliament is likely to reject an international bailout package that involves taxing ordinary depositors to pay part of the bill, President Nicos Anastasiades said Tuesday, despite a revision that would remove some objections by exempting small bank accounts from the levies.

“The very nature of banking has been shaken to its roots with this decision, for banking depends upon trust,” Dennis Gartman, the investor, wrote in a note to his clients. “Trust that has now been shattered; torn asunder, broken … destroyed.”

Es ist ein ungleicher Kampf. Wir werden täglich mit dem Begriff Wachstum oder stellvertretend mit „Zielvereinbarung“ konfrontiert. Diese Konditionierung darauf, dass es immer höher geht, es also keine Grenzen gibt steht im Widerspruch zur Wirklichkeit.

Lew nevertheless called for monitoring of the situation in order to avoid another crisis like the 2008 Wall Street crash that led to the Great Recession.

Dies sagte Staatspräsident Xi Jinping bei einem Treffen mit US-Finanzminister Jacob Lew am Dienstag in Beijing.

The proposal is “entirely immoral, unreasonable, and is ultimately a potential tipping point for the entire euro zone between safety and panic”, Young told RT. “The question every single Cypriots saver is asking today is why do they have to pay and why do bond holders not have to pay?”

„The levy on deposits below 100,000 euros was not the creation of the German government,“ Schaeuble told reporters in Berlin. „If one reached another solution we would not have the slightest problem.“

Chancellor Merkel said that making the depositors help pay for the bailout is the right thing to do. „That way,“ she said, „those responsible will contribute in it, not only the taxpayers of other countries.“

I have $12.75 in the bank in Alexandria, Virginia. How does that make me responsible for creating the national debt?

This is yet another euro bailout that punishes ordinary people to prop up a bust financial system. How long can the euro last now?

Dies entspreche nicht nur dem grundsätzlichen Interesse, sondern sei auch vorteilhaft für die Förderung der globalen Wirtschaftsbelebung, betonte Hong weiter.

Im Fall Zypern steht erstmals ein Rettungsbeschluss des Bundestags ernsthaft infrage, weil SPD und Grüne sich verweigern könnten. Beide haben eine Beteiligung des Bankensektors zu einer Voraussetzung für ihre Zustimmung gemacht.

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