The Great Cyprus Bank Robbery
• Lewrockwell.comThe dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking.
Contents Pages by Subject
European Union
Cyprus: Where Things Stand
• video.cnbc.comCyprus: Where Things Stand
Cyprus Parliament President Says "No Future" Under Troika, Calls For "Iceland" S
• zerohedge.comJust last week Yiannakis Omirou, Cypriot House of Representatives President, was calling for the nation to accept it is "time for responsibility" as they progressed towards a final solution;
What Is the REAL Euro End Game?
• The Daily BellInstead Of Doing His Job, Jeroen Dijsselbloem Has Given Us A Glimpse Of The Euro 'End Game' ...
When Will Deposit Haircuts Take Place In Other European Countries?
• zerohedge.comWhen all is said and done, what happened in Cyprus over the past two weeks, is nothing but the culmination of re-marking the "assets" in the country's financial system ....
The Real Doom of the Eurozone Is Italy
• http://www.slate.com, By Matthew YglesiasAfter a fun week of Cypriot depositors, Russian tax dodges, and inept Dutch finance ministers attention is back on the real problem with the eurozone.
Furious Bank Of Cyprus Employees Are Demonstrating Against The Country's Central Bank
• Business InsiderYesterday, Cyprus' Laiki Bank, which had basically run out of money, was dissolved.
Dmitry Medvedev channels Lenin as he condemns Cyprus bail-out terms
• telegraph.co.ukDmitry Medvedev gave a taste of Moscow’s displeasure over the Cyprus rescue plan on Monday when he said “the stealing of what has already been stolen continues”.
Ben Swann, Reality Check: European Central Bankers Want Personal Accounts To Pay For Bailouts? VIDEO
• http://www.dailypaul.com, emalviniEuropean Central Bankers Want Personal Accounts To Pay For Bailouts?
Quick Update On Cyprus
• http://market-ticker.orgHaving learned that Parliament would not approve a deposit levy in the name of a "tax",... Germany, the ECB and rest of the EuroThieves did something innovative. They simply ignored Parliament and came up with a scheme that didn't require a vote.
Words Of Warning: Get Your Money Out Of European Banks
• http://theeconomiccollapseblog.comIf you still have money in European banks, you need to get it out. This is particularly true if you have money in southern European banks. One thing has become abundantly clear: at least some depositors are going to lose a substantial amount of mone
Cyprus secures bailout, avoids bankruptcy
• APCyprus secured a 10 billion euro ($13 billion) package of rescue loans in tense, last-ditch negotiations, saving the country from a banking system collapse and bankruptcy. In return for the bailout, Cyprus must drastically shrink its outsized banking
Cyprus weighs big bank levy
• ReutersCyprus conceded to a one-off 20% levy on deposits over 100,000 euros in a dramatic U-turn as it raced to satisfy European partners and seal an 11th-hour bailout deal to avert financial collapse.
Here's The Last-Ditch Plan Cyprus Is Going To Pitch To The EU This Weekend
• Business InsiderThe president of Cyprus is on his way to Brussels this morning in a bid to persuade Eurozone finance chiefs to accept a last-minute deal to avoid financial meltdown in the island.
Europe Is A Complete Disaster, And Its Luck May Have Just Run Out
• Business InsiderThe crisis in Cyprus is a good opportunity to take a step back and remind ourselves how incredibly broken the Eurozone remains.
This Is The Moment When Russian Money Started Flowing Into Cyprus
• Business InsiderThere are tax havens all over the world, so why is Cyprus so special to Russia?
Cyprus To Keep Banks Shut Into Next Week as It Seeks Deal To Avert Disaster
• Lewrockwell.comMinisters continue negotiations with EU, IMF and Russia as suspicions grow that Kremlin is pressing for stakes in gas fields
The Cyp-Riots Begin – Live Stream
• Prison PlanetLocal TV station CYBC reports that police in the Cyprus’ capital are scuffling with protesters (including employees of Cyprus Popular Bank) outside the nation’s parliament:
EU gives Cyprus bailout ultimatum, risks euro exit
• reuters.com, Michele Kambas and Matt RobinsonThe European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone.
PANIC AND ANGER: Here's What I Saw At Cyprus ATMs This Morning
• Business InsiderEd. note: Earlier this week, Christina Avraam, a freelance photojournalist in Cyprus, sent us incredible photos she'd taken of the bailout protests.
Markets Turn South As Euro Train Wreck Continues At Full Speed
• Business InsiderThe Euro train wreck continues.
Europe in Crisis as Cyprus Faces National Bankruptcy
• globalresearch.ca, Jordan Shilton and Chris MarsdeThe vote by Cyprus’s parliament Tuesday evening to reject the terms of the European Union (EU) bailout agreed last Saturday has deepened a crisis which threatens to spread across Europe, posing the risk of national bankruptcy.
Russia May Want A Cyprus Naval Port In Exchange For A Bailout
• Business InsiderIf you want to know why the EU is nervous about Cyprus negotiating with Russia for a bailout, look no further than this Ekathimerini report on the status of negotiations between the two countries.
ANALYST: Europe Isn't Going To Blink
• Business InsiderSocGen's Sebastien Galy gives the state of play in Cyprus:
Cypriot Lawmakers Overwhelmingly Reject EU Demands; What's Next?
• globaleconomicanalysis.blogspot.comFrom the library of genuine news, Reuters reports Cyprus parliament rejects deposit tax for bailout.
Banking Chief Calls For 15% Looting of Italians’ Savings
• http://www.prisonplanet.com, Paul Joseph WatsonIs the financial rape of Cyprus another IMF riot waiting to happen?
Taking Money From Ordinary Cyprus Savers Is Sheer Madness – Euro Chiefs Will Rue This Outrage
• http://www.dailymail.co.uk, By Simon WatkinsThe eurozone staggers from crisis to crisis and bailout to bailout. But this time the finance ministers of the single currency nations have crossed the Rubicon.
Special Report - EU Steals Nations Private Bank Accounts: Starts EU Wide Bank Runs
• Daily Paul.comEU Steals Nations Private Bank Accounts: Starts EU Wide Bank Runs
6 Tough Lessons That Germany Just Taught The Rest Of Europe
• Business InsiderOne of the most disturbing angles to the Cyprus bailout -- wherein the government is being forced to tax bank depositors -- is this idea that Berlin is calling the shots in Europe.
GOLDMAN: Now Everyone With Deposits In Euro Zone Banks Has To Worry About A New Wealth Tax
• Business InsiderThe Cyprus bailout deal has a lot of people scratching their heads over what EU leaders were thinking when they came up with it.
