CyprusLiving

Now that the house has shown common sense and rejected the Privatisation Bill (25 for, 25 against, 5 abstentions), let us
hope they now apply more common sense and leave the Eurozone (NOT the EU) and revert to the Cyprus £.
This way they can regain control of the Country's future.
The strikers were right, and have done this country a big favour by highlighting the flaws in the Troika and its MOU.
As I said in another thread any inconvenience caused to us the public was a small price for us to pay.
Geoff.

This country has now lost all credibility worldwide, since clearly they think (erroneously!) that they can manage without a €10bn loan. You cannot be serious suggesting pulling out of the Euro - The exchange rate € to £CY might not be too horrendous at the beginning, but with these fools who think they can govern it would see the exchange rate drop from € to a few cents.

We would all be living in a fools sunshine paradise! Maybe it's time to pack my bags now; you can stay if you want to and join the bread queues.

The EU and the eurozone is slowly being rejected for many reasons by many EU countries. The EU Commission will probably now direct the trioka to revise the MOU and not push for privatisation; for the last thing they want is for Cyprus, even though it is the EU's smallest country, to serve notice to leave the eurozone, which IMHO they should do.

Two high-powered teams from the City of London have been to Cyprus recently advising the government on future steps they can take, leaving the eurozone would obviously be one of them.

Cyprus would get some form of protection if it filed notice to quite the eurozone along with Greece and possibly Italy with its new euro-sceptic prime minister.

The forthcoming EU elections in May will probably push these countries into leaving if the EU Commission insist on going ahead with selling off the three Semi Govt Organisations. The irony is that if Cyprus left the eurozone it might privatise these organisations themselves under their own terms which may be more acceptable to the workers.

We shall see.

Clive, your last paragraph is spot on. That is the way it looks like going.
I was in the CYTA offices in Paralimni this morning, now re-opened after the industrial action.
What a difference! Smiling staff, "how can I help you", etc. I couldn't believe it.
The President should grasp the situation:
1. Leave the Eurozone.
2. Resolve quickly the Cyprus prob - if needs be give a little more in compromise for the common good - hit the " moral high ground"
3. Resolve the Title Deeds fiasco, this will boost the economy, the property market, and attract much inwards investment.

I have a dream.....
Geoff.

Hudswell wrote:Dream on Geoff...

Somebody has to.
What would YOUR dream be regarding the future of this Country?
I won't hold my breath.......
Geoff.