judge has ordered today that the city will now become the most populous in the US to be declared bankrupt.

*STOCKTON CREDITORS DIDN'T NEGOTIATE IN GOOD FAITH, JUDGE SAYS

 Stockton, California, was ruled eligible for bankruptcy protection under Chapter 9 of the U.S. bankruptcy code, a U.S. judged said on Monday, turning aside creditors' arguments that the city was not truly insolvent when it sought protection last year and had improperly failed to seek concessions.
 In a case that has been widely watched by the $3.7 trillion municipal bond market, U.S. Bankruptcy Judge Christopher Klein said Stockton had established during last week's three-day trial that it had met requirements to be found eligible to proceed with its municipal bankruptcy case.
 Officials in the city of nearly 300,000, the largest city so far to have filed for municipal bankruptcy, will now be allowed to start drafting a so-called plan of adjustment for the city's debts.
 The case is expected to pit municipal bondholders against the California Public Employee Retirement System, which manages pensions for Stockton and many other California governments.

 

http://www.zerohedge.com/news/2013-04-01/stockton-becomes-biggest-us-city-declare-bankruptcy-its-official
 

 There is no other alternative but to free Cyprus from the bonds of the troika and the memorandum, House of Representatives President Yiannakis Omirou has said.
 
Omirou also expressed his conviction that no Attorney General would dream of not following through with the results of an investigation led by an independent committee to apportion blame on those responsible for bringing the country’s economy and banking sector near collapse.
 
Omirou talked about the troika demands, which according to him will multiply and will turn Cyprus to a colony of the worst possible type and warned “I would like to send a message to the Cyprus people that there is no other way, there is no alternative apart from freeing (the country) from the troika’s and the memorandum’s bonds”.
 
He noted that certainly, “this road will demand sacrifices”, adding that “by leaving the troika and the EMS behind us, we will ensure our national independence, our national sovereignty, our moral integrity and our economic independence”.
 
“If we remain bound by the Troika and the memorandum Cyprus’ destiny is already foretold and there will be no future”, he pointed out.


Неделю назад он другое говорил-:)) 

Здесь было очень много комментариев на Смартлабе по поводу того, что мол правильно сделали чиновники ЕС, что подстригли олигархов, наказали тех, кто использовал серые офшорные схемы, но никто не задумывался о том, что под раздачу попали и обычные люди??? На Zerohedge появилась статья под названием "«I Went To Sleep Friday A Rich Man, I Woke Up Poor»

Речь там идёт о 65-летнем старике, у которого был 1млн.$ в  Laiki ''Popular'' Bank. В начале 70-ых, в разгар военных действий он покинул Кипр с женой и маленькими детьми и перебрался в Австралию.Человек на протяжении 35 лет работал на рынке в Сиднее, продавая ювелирные изделия и бижутерию.Затем в 2007г он вернулся на Кипр, имея при себе сбережения в 1млн.$ Он планировал их потратить на своих внуков, построить дом, также у него проблемы с сердцем.Его сын  George рассказывает, что они всей семьёй работали на рынках, чтобы заработать эти деньги и он готов вернуться в Австралию и начать всё с нуля, если ситуация усугубится, но его отец не может.(ему нельзя летать из-за проблем с сердцем и ему негде там жить) 

( Читать дальше )

ETF на десятилетки (доходность) почти -1%  при Сипи +0,6%, йена укрепляется.Это по поводу того, тащить ли лонг черех выхи или нет.Я решил для себя, что нет

Cyprus in talks with Troika regarding levy on bank deposits over EUR 100,000, according to ruling party official

Market talk that Russia eyed a port in Cyprus as part of a potential loan deal — Unconfirmed

Вряд ли страны НАТО будут этому рады

Маркетмэйкер сдал добро  или кому-то Бэня позвонил-:) Всё сожрали

Kathimerini Cyprus reported that an agreement has been reached in principle for Russian investors to buy Cyprus Popular Bank (Laiki) in a deal that would reduce Cyprus' funding needs by 4 billion euros."

Furthermore, the Cyprus ruling party is to abstain from the bailout vote according to a spokesman and there was also market talk of a NY think-tank report saying that Cyprus plan B is a disorderly default, rather than a Eurozone exit if Cyprus fail to accept bailout terms.