Tuesday, March 19, 2013

The Cyprus Clusterfuck Continues

As the Cyprus clsuterfuck continues, and the country's "leaders" struggle to find a plan B, the mainstream media are still sticking to the line that the banks will re open this Thursday.

However, as I noted yesterday, the non official planned re opening is in fact Friday. That being said I note that next Monday is a genuine bank holiday in Cyprus (to celebrate Greek Independence Day), the Twittersphere is leaning towards the view that the banks will in fact remain closed until at least next Tuesday.

Other unconfirmed reports indicate that Cypriot MPs have been receiving calls from various Russian businessmen.

Meanwhile the people of Cyprus continue to withdraw cash from the ATMs.