Research (J&T BANKA)
Markets  |  March 22, 2013 08:57:42

Cyprus: Negotiations with Russia collapsed, is based solidarity fund using pension funds, asset Church and gas

Russia on Thursday refused to extend new financing to rescue Cyprus and 2-day meeting in Moscow ended in failure. The Cypriot government has subsequently started preparing another rescue plan, which is based to be a "solidarity fund" in which security (collateral) to form the assets of the pension system, the property of the Church and gas fields in the coastal waters of Cyprus. The next step to stabilize the banks should be restrictions on the movement of capital constraints withdrawals from banks and restructure the largest banks. On all measures to be voted on during the day. Cyprus pressed for time because the rescue plan must introduce into Monday, the 25th March.If not, the ECB ceases to Cypriot banks to provide liquidity and threatens to collapse the whole banking system in Cyprus. Cypriot banks are to Tuesday, the 26th March closed.

S & P slashed ratings on Cyprus grade CCC, the last before bankruptcy sign of D.

Related news:
Thursday, 21.03 - Cyprus has finally given up the idea of taxing ...
- Cyprus: IINFORMOVANÍ allegedly managed from the ground ...
- Cyprus - a monumental mess of the EU project
- Cyprus seeks crisis - another form of taxation ...
Wednesday, 03.20 - Cyprus: What next for a parliamentary veto? Another summit ...
- Czech Mint: How can we protect ourselves from ...
Tuesday, 19.03 - The infamous end of the famous tax haven in Cyprus?
- Cyprus tax: 100 000 EUR to zero over the limit ...
- Cyprus - Government may change the conditions in the game as well.
- Cyprus crisis gamers with gold records.
Monday, 18.03 - Cyprus banks remain closed on Tuesday in ...
- Cyprus and a fundamental change in the rules of the game
- Cyprus: more unique European
- Draft EU over Cyprus caused panic in the markets
- The monetary reform in the eurozone as embroidered
- EU on Saturday decided on the fate of the euro area

Was this article: 10 | 8 | 6 | 4 | 2 | 0

Last news from the section Markets:

St 11:35  Autonomní auta: Příliš uspěchaná technologie? Patria (Patria Finance)
St 11:24  Většina zemí G20 se postavila proti Donaldu Trumpovi Research (Česká spořitelna)
St 11:03  Budou korunoví spekulanti za dva roky pryč? Research (Česká spořitelna)

Read also:

December 20, 2010Hedge fondy zvyšují sázky na růst cen zemního plynu Colosseum a.s. (Colosseum a.s.)
November 30, 2010Zájem hedge fondů o zemní plyn roste Colosseum a.s. (Colosseum a.s.)

Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688