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Tomorrow's Cypriot vote on the bailout plan has been cancelled reports the FT's Peter Spiegel,...

  • Monday, March 18, 3:27 PM ET
    Tomorrow's Cypriot vote on the bailout plan has been cancelled reports the FT's Peter Spiegel, with President Nicos Anastasiades set to tell the Eurogroup he doesn't have the votes to pass the bill. Stocks had clawed their way back to near flat, but are headed down again, the S&P 500 -0.5%.
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This news story has 15 comments:

  •  
    So what are the citizens doing without money right now? Are we going to see rioting soon?

    Germany obviously approved this and is watching what happens closely..The Pandoras box has been opened no matter what occurs.
    18 Mar, 03:30 PM Reply Like
  •  
    Checkmate; what next?

    Market does not like Uncertainty, Man!

    And this thing is Uncertainty!
    18 Mar, 03:35 PM Reply Like
  •  
    Germany hopes that the world looks the other way!! It won't...

    All last night on another article the spin was that Cyprus was after Russian mob money,Really? If they know what accounts are the mobs then why not just freeze those accounts..

    Hate to see if they try this in Italy and blame it on the mafia..Crooked Finger Frankie won't accept that and literally heads will roll...
    18 Mar, 03:37 PM Reply Like
  •  
    My rough calculations say 20 billion of money in Cyprus banks are Russian, so about 20% of total. So 80% of the money is European, any way you slice it. This is a highway robbery on European depositors. If you wanted to create mistrust in European banking system, this is one way to do it.

    I think it's much cheaper to give Cyprus few billion euros than to cause banking panic in periphery of Europe.
    18 Mar, 04:00 PM Reply Like
  •  
    Long time damage already occurred. IMF, Euro-are nations showed they will not respect right to property human rights.

    Right now, everyone within the Euro-are know they can not trust the deposit Guarantee for saved Money within EU. And since IMF was behind the once raising the demand on tax on savings, no one in the World can be safe with their bankdeposite at the banks. Not even in the US.
    18 Mar, 03:50 PM Reply Like
  •  
    Read this one. Euro-area are ready to fall apart. Cyprus Citizens not even more rich then the Germany Citizens.

    http://bit.ly/147FMIE

    And it probably have complicated relationship between the Greeks and Greek Cypriots. Why would the Greeks be saved but Cypriots sacrificed because of the losses incurred through debt write-down of Greek debtof Greek debt, which mainly French and German banks created?

    Something really dirty is about to float to the surface.
    18 Mar, 04:01 PM Reply Like
  •  
    So.... Now what?
    18 Mar, 04:05 PM Reply Like
  •  
    JOHN

    Buy bullets, or rent my drone!!
    18 Mar, 04:06 PM Reply Like
  •  
    Covered this yesterday - there are no bullets to buy...
    18 Mar, 04:08 PM Reply Like
  •  
    Should have loaded up ( no pun intended ) a year ago !!
    18 Mar, 04:10 PM Reply Like
  •  
    Here is another good article to put this into a clearer view!!

    http://seekingalpha.co...

    This is a MUST read!!
    18 Mar, 04:05 PM Reply Like
  •  
    It is from my experience that any online news headline from FT is often wrong and sometimes used to manipulate markets...No way of knowing, but I would not rely on rumors from FT
    18 Mar, 04:05 PM Reply Like
  •  
    The huge advantage of the US is one single market. Europe is fragmented and has different interest. Germans no longer want to pay for bail outs. Merkel knows that she will be up for reelection in September so she has to move away from her easy course. There is also forming a new anti Euro party in Germany. That may be a threat to Merkel.
    18 Mar, 04:06 PM Reply Like
  •  
    Here is an update!!

    RUSSIA might buy those 2 banks in Cyprus!!!..
    18 Mar, 04:19 PM Reply Like
  •  
    This is just another "dictatorial test" starting with a small country like Cyprus, like the "PIIGS", Greece etc... this is beyond politics, debate, the unjust laws of the world in banking etc...... it's time to rally, raid globalist, oligarch, politicians, bankers, lobbyists, lawyers homes, offices etc and freeze all there accts, local and offshore......

    this continuous financial fiasco will never end with peaceful debate, the globalists know that and will always come up with new schemes to ensure the world is enslaved to the power elite !!

    that guy with the bulldozer in front of a bank in Cyprus is a good start..... the world needs more like him, then extradite all these thieves to Iceland & "IRAN" !!!!
    19 Mar, 05:43 AM Reply Like
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