cypress

although the EU want the people to help pay the country out of dept, it is a goverment order that will tell the banks to do this, after they take out the money there will be such a rush on the banks to get the rest of the peoples money out, that it will break the banks and they will be further in dept. along with more unemployment, I would think that this is a good time for Cypress to start some serious riots.
keith moody
R635978

Just reading through your post Keith, i notice your discharge book no is fairly close to mine- R635733- as to the prospect of riots on the island, i was there a few years ago and it seemed that rioting seemed tobe the norm in Ayia Napa on a Saturday Night.
gilly

A condition of the EU bailout was that the Cypriot Government tax the savings of the people of Cyprus. The EU wanted a far bigger share than the 10% negotiated by the Government of Cyprus.
Failure to implement the tax and no bailout money forthcoming from the EU.

John, yes i noticed this when you answered before, I too was at Gravesend in 1955 but you I think would have been before me, I was on the course that started in Oct. 1955 and because of a polio scare the course was cut short to 5 weeks, I joined New Zealand shipping co and sailed on the Ruahine on the evening tide of 24 December 1955.
keith moody
R635978

ps....... I find it most interesting when members put there DB book on here when opening or replying to something.

Quote:

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Originally Posted by Captain Kong

They are taking 10% of everyones bank savings.
Why not just take All the Savings off All the Politicians in eu , that would certainly solve the crisis. and end this stupid eu.
Brian.

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Brian I am sure **** has enough put aside from all his benifits to solev some of this!

Quote:

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Originally Posted by john gill

If indeed as is hinted at by one or two posts that this practice may spread to British banks, I'm well prepared for them- maths ain't my strong point, but how can they take 10% of f**k all?
gilly

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Believe me mate they will find a way you can be sure of that.

This shows just hwo bad the EU situation is. A common market policy of free trade is not such a bad thing, but a common curency is a disaster. The situation is thata a few strong countries are attempting to support a large number of very poor countries in an attempt to bring them in line with the strong ones. This is not the way, the strong ones should make the weaker ones first improve then join the EU. The current situation does not encourage the weaker ones to do anything, they will get hand outs so why try to improve. The whole situation is a monumental dis aster waiting to happen. If Cyprus was to take this to the international courts there is a good chance the gov proposal of taking 10% of savings to be unconstitutional.

Just looking at my Book Keith, i was a little earlier than you at the n s t s. I joined my first ship (Moss Hutchison boat- the Amarna) October '55, after leaving Gravesend less than a month earlier. Like yourself fairly well fast- tracked into the system.
gilly

I wonder how many banks will be very busy this morning in the EU with people shifting their money out to somewhere deemed to be safer, could cause a run on the banks, and here we go again!!. The sooner a country has the guts to bail out of the Euro the better, bring an end to this insanity KT

JUST A QUESTION what condition would this country be in if we had never joined the common market? the way it was explained to us at the time industies were moved around europe and everything in common market coutries would basicly be the same price like a loaf here would be the same price in the common market members its gone very far from them days now steel from india ship building far east the last time i noticed non were members of the cm?jp