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Should We Bailout Russian Oligarchs In Cyprus?


YouKnowWhatIMeanLike

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Mario Draghi has described Banks in Cyprus as systemically relevant and wants to extend a 10 bn Euro loan to the country to bailout deposits of Russian oligarchs in banks in Cyprus. Basically the same thing we did with Anglo Irish depositors. But Even Putin now has refused to send Cyprus more money, why should we?

On the back of an envelope this EU bailout alone for Cyprus will cost the Irish taxpayer 100,000,000 Euro. where is this money coming from?
 

seabhcan

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Mario Draghi has described Banks in Cyprus as systemically relevant and wants to extend a 10 bn Euro loan to the country to bailout deposits of Russian oligarchs in banks in Cyprus. Basically the same thing we did with Anglo Irish depositors. But Even Putin now has refused to send Cyprus more money, why should we?

On the back of an envelope this EU bailout alone for Cyprus will cost the Irish taxpayer 100,000,000 Euro. where is this money coming from?
What percentage of Cypriot deposits are owed to Russian Oligarchs?
 

Aristodemus

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Mario Draghi has described Banks in Cyprus as systemically relevant and wants to extend a 10 bn Euro loan to the country to bailout deposits of Russian oligarchs in banks in Cyprus. Basically the same thing we did with Anglo Irish depositors. But Even Putin now has refused to send Cyprus more money, why should we?

On the back of an envelope this EU bailout alone for Cyprus will cost the Irish taxpayer 100,000,000 Euro. where is this money coming from?
Health Cuts?
 

Analyzer

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Why not ? It would be consistent with bailing out Russian oligarchs with FingersBank Bonds.

I am sure the Russians must be p!ssing themselves at the entire concept of Marxism for Mullit-Billionaires, that is now effective policy in the Brussels Pact/Euro Union..
 

benroe

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Mario Draghi has described Banks in Cyprus as systemically relevant and wants to extend a 10 bn Euro loan to the country to bailout deposits of Russian oligarchs in banks in Cyprus. Basically the same thing we did with Anglo Irish depositors. But Even Putin now has refused to send Cyprus more money, why should we?

On the back of an envelope this EU bailout alone for Cyprus will cost the Irish taxpayer 100,000,000 Euro. where is this money coming from?
Cyprus will have to be bailed out, the bond market is at an all time high, one default will burst the biggest bubble in economic history.
 

Windowshopper

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Here we go again. The Cypriot banks must be saved and the people will have to suffer we shall be told.
 

Analyzer

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Here we go again. The Cypriot banks must be saved and the people will have to suffer we shall be told.
A Cypriot version of Suds needs to pen an article in the Cypriot version of THESH!TERIMES to patronize and praise the PAYE taxpayers of Cyprus for their "responsibility" in responding positively to the billionaires in crisis.

And then articles should follow at regular intervals to scare the SH!TE (what else) out of them, in ase they do not keep taking on more debt.
 

Windowshopper

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Oct 14, 2011
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A Cypriot version of Suds needs to pen an article in the Cypriot version of THESH!TERIMES to patronize and praise the PAYE taxpayers of Cyprus for their "responsibility" in responding positively to the billionaires in crisis.

And then articles should follow at regular intervals to scare the SH!TE (what else) out of them, in ase they do not keep taking on more debt.
We also need O'Reilly to set up a newspaper (maybe they could call it 'da Cindo') which periodically uses phrases like 'green shoots' and 'turned the corner'.
 

Frank Galton

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Should we have bailed out Irish oligarchs in Dublin?
 

Analyzer

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Should we have bailed out Irish oligarchs in Dublin?
If we ever did, it would be sold to us on the basis that "there would be no money in the ATMS, and no money to fund the nurses, etc. if we don't do this".

And presumably some fool like Michael Ring would tell tell us afterwards "it was a moment to put on the green jersey" (and throw rational analysis out the window again).
 

YouKnowWhatIMeanLike

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OK it's a done deal we are going to bailout the cypriot banks. warts and all. there goes another 100m Euro in Irish taxpayer money.
 
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