Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

dipsydoodle

(42,239 posts)

4. The €10 billion offered by the EU was the sustainable amount.

Reply to Kelvin Mace (Reply #3)

Wed Mar 20, 2013, 10:01 AM

Mar 2013

If Cyprus borrows the other €5 billion they need it could in fact lead to the ECB reducing their offer to €5 billion to keep the total sustainable.

Its all secured against state assets anyway. They wouldn't be handing over Cyprus to the Russian mob - they could however land up handing over to Russia itself. Wouldn't be the end of the world.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

Cyprus seeks Russian bailout aid, EU threatens cutoff [View all] dipsydoodle Mar 2013 OP

i think its very late now maloriesutton Mar 2013 #1

Euro Spikes On Report That A Cypriot Bank To Be Sold To Russian Investors dipsydoodle Mar 2013 #2

So, thanks to EU "austerity" (i.e. greed) Kelvin Mace Mar 2013 #3

The €10 billion offered by the EU was the sustainable amount. dipsydoodle Mar 2013 #4

All updates here dipsydoodle Mar 2013 #5