listen here

Patriot Broadcast From the Trenches Schedule 

buy gold scottsdale

Cyprus banks ‘may never reopen’ threatens German Finance Minister

Wolfgang Schaeuble Apparently the banksters do not approve of the vote. Nice!

SOTT - Independent.ie

Germany’s finance minister has warned that it is unclear whether the banks in Cyprus will ever be able to open again.

Banks in Cyprus have been shut since Saturday to avoid a run while the tiny Mediterranean country tries to negotiate a rescue for its economy.   

Wolfgang Schaeuble said two of Cyprus’s big banks are being propped up solely by emergency liquidity from the European Central Bank that is contingent on all sides agreeing on a rescue package.

“Someone needs to explain this to the Cypriots,” Mr Schaeuble told German public television ZDF.

Politicians in Cyprus have voted to reject a bailout deal that would have seized up to 10% of bank deposits to prevent a collapse of the country’s banks.

http://www.sott.net/article/259979-Cyprus-banks-may-never-reopen-threatens-German-Finance-Minister

This entry was posted in News. Bookmark the permalink.
1462
Don't forget to answer the Security Question before you post comment.

5 Responses to Cyprus banks ‘may never reopen’ threatens German Finance Minister

  1. Mark Schumacher - NV says:

    The people of Cyprus told Germany to take the Euro and stick it up their ass. In my opinion, this was a smart move. Now we will see the inevitable street fight , which will also be a good thing. Cyprus didn’t cower under that ugly hags dress, Merkle the maggot.

    Maybe they are taking a cue from Iceland? This is going to get real interesting, real fast. As Cyprus holds untold riches in gas and oil.

  2. Dave says:

    Russia will deal with Cyprus for their oil & gas exploration for a bailout while the US, Israel & the EU kick people in the balls, levy sanctions & threaten them with total destruction as a foreign policy tactic.
    Which tactic will bring more benefits?

  3. Leita says:

    The largest depositors are the Russians which was the target – money
    laundering. A speck of a country has instilled massive distrust of banks.
    Don’t think it couldn’t happen – kind of like FDR ordering people to turn
    in all their gold for a war which was forced on us by our treasonous gov.
    Another war where no body attacked us.

  4. holycrap says:

    well if the money grabbers of the european union were to get 5 trillion from what they planned to take from depositors at an average of 8.3%. if the banks don’t open again they get 60 trillion. what do you think will happen then? boom!

  5. Darcy says:

    Cyprus should do what Iceland did and charge the guilty bankers with these crimes!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

What is 4 + 10 ?
Please leave these two fields as-is:
IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)