CYPRUS BANK ATM WITHDRAWALS: 100 EUROS MAX NOW!!!
The central bank in Cyprus imposed a 100-euros per day withdrawal limit at cash machines for all local banks on Sunday to avert a run on lenders.
A spokesman for second largest lender Cyprus Popular Bank , which had previously limited withdrawals to 260 euros, said the new measure began at 1 p.m. (1100 GMT) and would remain in place until the bank reopens, scheduled for Tuesday, or until confirmation of continued emergency funding from the European Central Bank.
Cyprus Market @ russian_market 3m
BOMB EXPLOSION AT BANK OF CYPRUS IN LIMASSOL
Cyprus Market‏@russian_market31 s
RIKSAT REPORTS THAT EUROGROUP MEETING DELAYED; POSTPONED TO 7 A.M.
Cyprus Market‏@russian_market4 min
Cyprus parliamentary speaker Yiannakis #Omirou: We must keep our calm & determination. Nothing has been decided yet. #Eurogroup
Could Cyprus’s gold reserves play a part in the crisis?
I’am at the centre of the situation since i’m living in Belgium, and things are going slow, I repeat things are going very slow and not much progress has been made and indeed the president of Cyprus as threatens to resign !
I will update more when the local media reports more about the situation, for those who can understand.
IMF-GERMAN PLAN WILL LEAD BANK OF CYPRUS TO DEFAULT, ANA SAYS
Cyprus Market‏@russian_market9 s
Russian businessman to me: “TRUST ME, I WILL LEAVE NOT ONLY CYPRUS & LATVIA BUT LUXEMBOURG TOO. EU IS A CIRCUS.”
Cyprus Market‏@russian_market51 s
But.. but Bernanke said that Cyprus is too small to move markets: S&P500 -2%
Cyprus Market‏@russian_market2 min
Gold. US futures. Meine Fresse! #Cyprus
Cyprus Market‏@russian_market47 s
NO EUROGROUP MEETING TAKING PLACE NOW – GUARDIAN ( via @traynorbrussels)
“Failure to reach a deal for a bailout would mean that U.S. stocks “will open down pretty big on Monday,” said John Canally, chief market strategist at LPL Financial, who expects an agreement. “If we don’t get a deal done there, it does reintroduce some risk,” that could lift gold prices and the dollar, pull Treasury yields lower, and result in “anything associated with risk being sold ”
… And Tonight’s Meeting About Rescuing Cyprus Just Got Delayed Due To Lack Of Progress