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Old 03-17-2013, 11:05 AM   #51
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I am too young to know and have not done the reading, but is this similar at all with what happened in Panama several decades ago?
I don't think the US is gonna invade. But who knows
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Old 03-17-2013, 11:07 AM   #52
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Cypriot banks lost 7bil euro in greek bonds they were holding
Hmm that means unicredit group and banca san intesa could also have same scenario since they lost in greek bonds too.
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Old 03-17-2013, 11:11 AM   #53
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I am too young to know and have not done the reading, but is this similar at all with what happened in Panama several decades ago?
kind of...lots of drug money was in Panamanian banks and Panama simply nationalized them and took the money...just like that


IIRC The movie Blow mentions it
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Old 03-17-2013, 11:13 AM   #54
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I lived in Cyprus in the past, but im not from there or have any family. Pretty dumb idea if you ask me. Btw, North Cyprus and Cyprus are two different things. North Cyprus is a land illegally occupied by turkish military and is not recognised as a country
Connect the dots, GFY style...



I thought that there was a AVN-Cyprus connection somehow...

Quote:
Theo Sapoutzis and Vasilis "hahahahahaha" K-a-i-l-i-s supposedly raised ?venture capital? about a year ago and bought their way onto the board of directors but there?s no trace of where the venture capital came from.

Vasilis owns a shell corp that specializes in setting up shell corps in Cyprus, there are generally only two reasons to set up shell corps in Cyprus?One is to avoid taxes the other is to hide ownerships.
NOTE: Apparently Vasilis' last name is a banned word on GFY, kind of like the old owner of Mansef's name was.



ADG
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Old 03-17-2013, 11:55 AM   #55
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I believe webzilla hosts a TON of cyprus based companies....anyone have any info on any of that?
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Old 03-17-2013, 02:54 PM   #56
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Government may change this deal a little last minute to avoid revolution and civil war... Cyprus works on last-minute deal to soften bank levy:
http://www.reuters.com/article/2013/...92G03I20130317

Who will take the biggest hit? ?43bn of the ?68bn in Cypriot bank deposits was held by domestic residents. More than ?20bn came from the rest of the world, most of which believed to be from Russia [EDIT: and adult sites]. For example, UK depositors held "only" ?1.9bn in Cyprus.
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Old 03-17-2013, 03:06 PM   #57
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I wouldnt be surprised to see them change it to foreign accounts and companies only
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Old 03-17-2013, 03:11 PM   #58
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I believe webzilla hosts a TON of cyprus based companies....anyone have any info on any of that?
I do,but why bother?
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Old 03-17-2013, 08:16 PM   #59
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Someone killed themselves.
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Old 03-18-2013, 12:07 AM   #60
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And from where are you originally ?
Croatia originally, but in last few years I changed few places in Europe, now I'm back here for last few months.
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Old 03-18-2013, 12:13 AM   #61
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I dont get Turkey either, EU is cancerous
well, they are doing pretty good in last ten years so I don't know what they want in EU. Last year I visited Turkey for about 10 times and things are looking much better than in all south europe (EU and non-EU). Contrary to Greece or Spain or Croatia, there is no signs of depression or panic on people.
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Old 03-18-2013, 01:06 AM   #62
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Whats the mood like there?

Nobody seems to be reporting from Cyprus....
I am currently in Malta and I saw it on the news as it happened, people were going crazy. I saw a guy that drove some sort of heavy machinery (pardon my lack of knowledge on actual names) and threaten the director of that bank to put it through the wall of that office if he didn't get all his money. Everyone was rushing to the ATMs but the banks had blocked them, it is a total mess.
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Old 03-18-2013, 02:13 AM   #63
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I saw a guy that drove some sort of heavy machinery (pardon my lack of knowledge on actual names) and threaten the director of that bank to put it through the wall of that office if he didn't get all his money.
I remember a farmer in the UK dumping a ton of manure in front of his bank a few years back, I think he did it 2-3 times before the bank caved in and met his demands
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Old 03-18-2013, 02:51 AM   #64
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Government may change this deal a little last minute to avoid revolution and civil war... Cyprus works on last-minute deal to soften bank levy:
http://www.reuters.com/article/2013/...92G03I20130317
That's how you get something controversial accepted by the populous, push something through that's unacceptable and then offer a compromise.
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Old 03-18-2013, 03:26 AM   #65
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Croatia originally, but in last few years I changed few places in Europe, now I'm back here for last few months.
Svasta.....
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Old 03-18-2013, 03:50 AM   #66
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I remember a farmer in the UK dumping a ton of manure in front of his bank a few years back, I think he did it 2-3 times before the bank caved in and met his demands
Good for him! Banks already screw everyone with fees and I understand this time it is the government doing it but it is just so absolutely unfair to the people.

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That's how you get something controversial accepted by the populous, push something through that's unacceptable and then offer a compromise.
That is so true.
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Old 03-18-2013, 03:53 AM   #67
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Sorry to say this but it seem the difference between communism and EU is disappearing bit by bit... The both have in common the total disrespect for private property (including money in the banks..)

They say that a lot of Russians have money in there and they want to tax it... well why doesn't EU uses it's useless public servants to find those particular Russians, instead on hitting everyone ?
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Old 03-18-2013, 04:21 AM   #68
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Even if they don't do it tomorrow, the money is leaving as no one is going to trust them not to do it next week.
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Old 03-18-2013, 04:24 AM   #69
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Svasta.....
why? I was moving with a jobs.
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Old 03-18-2013, 04:36 AM   #70
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First reaction arrived,trafficshop changed their bank account.
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Old 03-18-2013, 05:18 AM   #71
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so where is now smart to open bank account for this job? I almost opened account and company in cyprus last month. It was just about other circumstances that I prolonged that for May.
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Old 03-18-2013, 08:52 AM   #72
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so where is now smart to open bank account for this job? I almost opened account and company in cyprus last month. It was just about other circumstances that I prolonged that for May.
Check where the programs are moving their bank accounts in next weeks.
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Old 03-21-2013, 02:59 AM   #73
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Trafficholder changed their account as well.
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