Guardian: Reports the following in its 10.47am post, " Reports out of Cyprus in the last few minutes suggest that the country's leaders have decided to create "national solidarity fund", at this morning's talks in Nicosia....There's no word on what the fund would includes - but reports last night suggested pension assets, various state assets, and even property owned by the Church of Cyprus. ".
Lets Get Real:
Folks this sounds like the Reformation, when yo have to sell your Church to pay off your debts its time to look at your soul, is the Euro worth going to hell if your a believer. The EU wanted the Government of Cyprus to steal from the savings of its people, now the Government wants to steal the pensions of the people of Cyprus and use the Church as a political asset, what if that bluff is called, are Churches in Cyprus going to taken over by franchise shops, get your local coffee or tea or sandwich at your local Church, Car Park yes, no funerals. This is a mess folks. The Russians are going through the roof, there are allegations that the Russian money in Cyprus is dirty, or worse, it seems that the EU thought the Bank Tax would just hit the Russians, it scope was beyond that, now the Government of Cyprus is trying to sell Cyprus to the Russians, the Russians are either bluffing or they do not seem that keen according to reports. Thus folks will the EU really allow Cyprus to go under, or will they have to fold, it would be ironic if Cyprus bought down the Euro.
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