villarule123 Posted March 19, 2013 VT Supporter Share Posted March 19, 2013 Where's that popcorn GIF? Link to comment Share on other sites More sharing options...
AVFCforever1991 Posted March 19, 2013 Share Posted March 19, 2013 (edited) Edited March 19, 2013 by AVFCforever1991 1 Link to comment Share on other sites More sharing options...
Awol Posted March 19, 2013 Author Share Posted March 19, 2013 I read somewhere that the BFC (British Forces Cyprus) will be hit by this because IIRC we were "encouraged" to open Cypriot bank accounts upon landing on the island . It shouldn't be too bad as I imagine a serviceman is only really ever going to have a months wages in that account and apparently the MOD is going to reimburse whatever is taken . I may have just dreamt this however as I did eat a tonne of cheese on toast right before bed last night.You weren't hallucinating, squaddies and other gov employees in Cyprus will be covered by UK PLC. The other 60,000 ex-pats will just have to suck it up. That said it's seemingly all changing by the minute and I don't think they'll get the vote through Parliament later. Link to comment Share on other sites More sharing options...
CI Posted March 19, 2013 Share Posted March 19, 2013 Looks like the Ruskies have got their eyes on Cyprus's gas fields Link to comment Share on other sites More sharing options...
bickster Posted March 19, 2013 Moderator Share Posted March 19, 2013 I read somewhere that the BFC (British Forces Cyprus) will be hit by this because IIRC we were "encouraged" to open Cypriot bank accounts upon landing on the island . It shouldn't be too bad as I imagine a serviceman is only really ever going to have a months wages in that account and apparently the MOD is going to reimburse whatever is taken . I may have just dreamt this however as I did eat a tonne of cheese on toast right before bed last night. You weren't hallucinating, squaddies and other gov employees in Cyprus will be covered by UK PLC. The other 60,000 ex-pats will just have to suck it up. That said it's seemingly all changing by the minute and I don't think they'll get the vote through Parliament later. Talk before was that even the President was going to vote against it Link to comment Share on other sites More sharing options...
LondonLax Posted March 19, 2013 Share Posted March 19, 2013 The proposal has been voted down. Interesting to see where this goes now. Link to comment Share on other sites More sharing options...
Genie Posted March 19, 2013 Share Posted March 19, 2013 How **** stupid have these 'leaders' got to be to think that this was a good idea? Frightening. Link to comment Share on other sites More sharing options...
bickster Posted March 19, 2013 Moderator Share Posted March 19, 2013 You weren't hallucinating, squaddies and other gov employees in Cyprus will be covered by UK PLC. The other 60,000 ex-pats will just have to suck it up. That said it's seemingly all changing by the minute and I don't think they'll get the vote through Parliament later.Is anyone quite sure this is true?Treasury says one thing, Gideon says another, no plans in place yet. Someone's making it up as he goes along - no shock there then Link to comment Share on other sites More sharing options...
CI Posted March 19, 2013 Share Posted March 19, 2013 The proposal has been voted down. Interesting to see where this goes now. The banks will collapse and people could be in for a far bigger haircut than 6.75% or 9.9%. That's unless someone steps in to prop up the banks - Russians ?? Link to comment Share on other sites More sharing options...
tonyh29 Posted March 19, 2013 Share Posted March 19, 2013 (edited) You weren't hallucinating, squaddies and other gov employees in Cyprus will be covered by UK PLC. The other 60,000 ex-pats will just have to suck it up. That said it's seemingly all changing by the minute and I don't think they'll get the vote through Parliament later.Is anyone quite sure this is true? Treasury says one thing, Gideon says another, no plans in place yet. Someone's making it up as he goes along - no shock there then If it ain't true someone just had it on their toes with €1mn and a RAF plane Edited March 19, 2013 by tonyh29 Link to comment Share on other sites More sharing options...
bickster Posted March 19, 2013 Moderator Share Posted March 19, 2013 You weren't hallucinating, squaddies and other gov employees in Cyprus will be covered by UK PLC. The other 60,000 ex-pats will just have to suck it up. That said it's seemingly all changing by the minute and I don't think they'll get the vote through Parliament later.Is anyone quite sure this is true?Treasury says one thing, Gideon says another, no plans in place yet. Someone's making it up as he goes along - no shock there thenIf it ain't true someone just had it on their toes with €1mn and a RAF planeNope that million Euros is an entirely different packet of money, it is to loan to service personal who can't access their accounts as the ATMs have run out of cash, nothing to do with any compensation for money taxed from accounts. They won't need to send a plane to compensate people, that will be done electronically when the banks open again. I'll also wager its about as close to a million euros as KLF got to burning a million quid. Convenient headline grabbing amount dontcha think? A sum based on headlines not need methinks, yet more evidence of horses foot policy Link to comment Share on other sites More sharing options...
CarewsEyebrowDesigner Posted March 19, 2013 Share Posted March 19, 2013 Well, best of luck when the banks open again, Cyprus! Link to comment Share on other sites More sharing options...
maqroll Posted March 19, 2013 Share Posted March 19, 2013 http://www.youtube.com/watch?v=YQgHLtNC-ng Link to comment Share on other sites More sharing options...
CarewsEyebrowDesigner Posted March 19, 2013 Share Posted March 19, 2013 Some very sinister breathing at the end of that video. Link to comment Share on other sites More sharing options...
maqroll Posted March 19, 2013 Share Posted March 19, 2013 Hehe, that's his trademark. Check out his videos, most of them are very entertaining. Link to comment Share on other sites More sharing options...
bickster Posted March 19, 2013 Moderator Share Posted March 19, 2013 I was intrigued by the Bank of One Horse story. If the bank failed, how could it give all its depositors their money back? Doh! Link to comment Share on other sites More sharing options...
maqroll Posted March 19, 2013 Share Posted March 19, 2013 Their accounts are insured by the Feds Link to comment Share on other sites More sharing options...
bickster Posted March 19, 2013 Moderator Share Posted March 19, 2013 Their accounts are insured by the FedsYou mean like the first 100,000 euros are guaranteed by the ECB?I think I spotted a flaw in that logic ;-) Link to comment Share on other sites More sharing options...
LondonLax Posted March 19, 2013 Share Posted March 19, 2013 The proposal has been voted down. Interesting to see where this goes now. The proposal has been voted down. Interesting to see where this goes now. The banks will collapse and people could be in for a far bigger haircut than 6.75% or 9.9%. That's unless someone steps in to prop up the banks - Russians ?? Yes, I suspect they may well be wishing they had only had to take a 6% haircut before this is finished. Link to comment Share on other sites More sharing options...
leviramsey Posted March 19, 2013 VT Supporter Share Posted March 19, 2013 Their accounts are insured by the FedsYou mean like the first 100,000 euros are guaranteed by the ECB?I think I spotted a flaw in that logic ;-)To be fair, FDIC generally works (something like 50 bank failures in the US last year). Link to comment Share on other sites More sharing options...
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