Cyprus Banks Re-Open to Massive Crowds

Cyprus banks opened (with hired British security teams attempting to prevent riots) for the first time in 2 weeks today at noon local time, with customers able to withdraw a max of $383.

Video & photo update is below: [Read more...]

Cyprus making ‘superhuman’ effort to reopen banks by Thursday

superwomanCypriot Central Bank head Panicos Demetriades has just stated that Cyprus is making a ‘superhuman’ effort to reopen banks by Thursday.
Assuming the banks do re-open Thursday (which is probably not a very good assumption considering Cyprus is already set one of the longest bank holidays in history), we suspect Demetriades will discover that a truly superhuman effort will be required to keep Cypriot banks solvent through Friday’s close and into the weekend. [Read more...]

Nigel Farage: EU Wants to Steal Money from Cyprus Bank Accounts, Get Your Money Out While You Can!

FarageOur favorite member of the European Parliament Nigel Farage was interviewed by RT today regarding the EU’s decision to attempt to force Cypriot depositors to pay for Cyprus’ bank bailout. 

In this MUST WATCH interview, Farage does anything but diffuse the situation, stating that the EU is simply attempting to steal money from Cyprus bank accounts, and he recommends Europeans Do not invest in the Eurozone, you have to be mad to do so, and to get your money out while you can!

Farage states that the European bureaucrats will not allow Cyprus to collapse and leave the Eurozone, but that the entire Euro experiment will soon end in a disastrous collapse: They are propping up a Eurozone that, in the end, will collapse in disastrous failure and they are prepared to do anything to do so.

Farage’s full interview is below:
[Read more...]

And This is Why the Cypriot Parliament Haircut Vote is Delayed Indefinitely

Sunday’s scheduled Cypriot Parliament vote was delayed until Monday as the banksters did not have enough votes. Today’s scheduled 4pm vote has been delayed till Tuesday, with reports that the vote could be delayed as late as Friday (while the Cypriot banking system remains shut down in a bank holiday until the banksters receive their proper vote).
Below is why the Cypriot bank holiday may not be ending any time soon… [Read more...]

Cypriot Bailout Vote Delayed Again, Bank Holiday Extended Through Friday!

bank-holidayYesterday the scheduled Parliament vote on the Cyprus bank bailout was delayed till 4pm Monday as the banksters were short 33% of the necessary votes to pass the wealth confiscation tax/theft. 
Overnight, the ECB/IMF banksters rushed to change the tax to hit foreigners with a higher tax relative to native Cypriots (with the highest tax rate now reportedly OVER 15%!).
Apparently that was not enough to twist the arms of enough of the Cypriot Parliament, as today’s bailout vote has just been delayed until 4pm Tuesday, and the bank holiday extended through Friday!   The bailout vote reportedly is facing such a lack of support that the vote may be delayed further until Friday!
[Read more...]