The national anthem of Germany says:
Germany, Germany above everything,
Above everything in the world.
Unity and justice and freedom
For the German fatherland!
BUT NOT FOR CYPRUS
16th of March, 2013 was for Cyprus and for me a very unpleasant day.
The Eurogroup decided to haircut deposits in Cyprus. The Parliament
decided not to accept it, but the Eurogroup threatened with bankruptcy.
It was a blackmail that didn’t leave much room. After the
haircut, many people lost their money and their jobs.
whole situation is tragic and many children cannot afford even a
breakfast and many others are fed rations by the Archdiocese.
reminiscent to us of the situation that was prevailing during the
Turkish invasion of 1974. About 40% of the island was captured and two
hundred thousand people had been driven from their homes. Poverty,
insecurity and fear for the future. The same feelings prevail and now.
The island was divided then and still continues to be split up
and half of the island is under Turkish occupation, for whom they care,
and strengthen and forget that there are UN resolutions condemning the
invasion and call for the return of the occupied territories.
In 2003 Cyprus joined the European Union in the hope that this will
help to solve the Cyprus problem, and to avoid a further
invasion. As a solution the Annan Plan was proposed which was
unjust and unacceptable because it was giving all the rights to the
Turkish Cypriots. After a referendum, the Greek Cypriots rejected
Annan plan and the European Union became angry and said that they would
punish them and now I wonder if this was the punishment they reserved
The attitude of the Eurogroup and especially Chancellor’s Angela Merkel
and Mr Schaeuble was punishing and unfair because it destroys the
banking system of Cyprus and by extension the whole economy, which in
time of recession receives the worst deal.
The behaviour of Eurogroup is far from supportive. With the
excuse that Cyprus is a tax haven is trying to evict all the Russians
depositors in Cyprus, but did not put it as a condition when the
country joined the Eurogroup, and of course will not refuse Russian
depositors to put their deposits in Germany banks. Clearly there is
opportunity and this is reflected in the Memorandum and which provides
the solution of the Cyprus problem which will be given in accordance
with the instructions of the troika.
The haircut is utterly unconstitutional and therefore illegal because
is contrary to the fundamental articles of the Constitution and the
European Human Rights.
The haircut of deposits is covered with a robbery lawful manner that
tends to make the peoples of southern Europe enslaved in northern
Europe and developed.
I am very sorry for the plight of both Greece and Cyprus, which
are responsible for the Eurogroup and the European Union.
believe that the Government of Cyprus and the Cypriot people must seek
compensation from the Eurogroup that brought Cyprus into this dire
situation. Stole with a lawful manner and did not bother the Russians
plutocrats as they claim, but ordinary citizens who was gathering
some money for years to have in time of need.
are frustrated and desperated because they can no longer trust the
banks, making it difficult too the possibility of investment and
economic recovery. Many businesses closed and others will be shut down
as a result of cutting.
The damage was too great and it will take years to be able to recover our economy.
But the greatest damage was done, is to destroy the good name of Cyprus
and the reliability of our banks. This will have implications on our
I think that as a citizen of the Republic of Cyprus I
accused and demoted as a person by the Eurogroup and especially
by Germany and I do not accept it.
They have no right to tarnish our civilization. A civilization
that was the creator of Democracy, Philosophy, Sciences and Arts
and they put the bases and gave the lights to all mankind.
I call on the Eurogroup to recall what he said about Cyprus and by
extension for the Cypriots and make amends for the damage they caused
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