What did really happen at the big meeting about Cyprus? | 28 comments (28 topical, editorial, 0 hidden)

Germany (none / 0)

Collect the comments on how Germany acted here.

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by A swedish kind of death on Mon Mar 25th, 2013 at 04:42:04 PM EST

Re: Germany (none / 1)

Schäuble on Germany's position:

Germany would have protected insured deposits: Schaeuble | Reuters

"It was the position of the German government and the International Monetary Fund that we must get a considerable part of the funds that are necessary for restructuring the banks from the banks owners and creditors - that means the investors," German Finance Minister Wolfgang Schaeuble told public broadcaster ARD in an interview.
"But we would obviously have respected the deposit guarantee for accounts up to 100,000," he said.

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by A swedish kind of death on Mon Mar 25th, 2013 at 04:43:25 PM EST
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Re: Germany (none / 1)

Chypre est sauvée, mais la Troïka a du plomb dans l'aile - francetv info		Cyprus is saved, but the Troika is in a bad way - francetv info
Même atmosphère à Berlin, où chacun semble vouloir renvoyer à son prochain la responsabilité de la taxe honnie : le ministre des Finances allemand, Wolfgang Schäuble, rejette la responsabilité de la taxation des petits épargnants sur le gouvernement chypriote et la BCE. Jörg Asmussen, membre du conseil exécutif de l'institution et son représentant dans les négociations, rétorque que "ce n'est pas la BCE qui a poussé" pour cette option...		Same atmosphere in Berlin, where everyone seems to want to pass on to his neighbour the responsibility for the scorned tax: the German finance minister, Wolfgang Schäuble, blames the taxation of small investors on the Cypriot government and the ECB. Jörg Asmussen, a member of the executive board of the institution and its representative in the negotiations, replies that "it is not the ECB which pushed" for this option ...

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Mar 25th, 2013 at 05:07:31 PM EST
[ Parent ]

Re: Germany (none / 1)

Ekathimerini after the Reuters Summit on the future of the eurozone in February.

ekathimerini.com | No broad 'bail-in' for Cyprus depositors, ECB says

Germany, Finland and some other eurozone countries are pushing for bank depositors and other investors in Cyprus to carry some of costs of a bailout, both to shield their taxpayers and because of suspicions that wealthy Russians and others have used the island to stash possibly illicit funds.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Tue Mar 26th, 2013 at 08:48:46 AM EST
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What did really happen at the big meeting about Cyprus? | 28 comments (28 topical, 0 editorial, 0 hidden)