House rejects bailout deal CNA

House rejects bailout deal

Nicosia, Mar 19 (CNA) — The House plenary has rejected a draft bill on Cyprus` bailout agreement that provides for an unprecedented levy to be imposed on savings in Cyprus banks (haircut) with 36 votes against and 19 abstentions. DISY deputy Stella Kyriakidou was absent as she is currently abroad.

Ruling Democratic Rally (DISY) party abstained from voting while MPs of the other parliamentary parties – left-wing AKEL party, Democratic Party, Social Democrats EDEK movement, the European Party and Ecologists-Environmentalists movement – voted against.

The Eurogroup reached Saturday an agreement in Brussels which provided for a levy on savings that stung small account holders to the tune of 6.75% in exchange for a €10 billion sovereign bailout deal, whereas deposits over 100.000 euro would be charged with a 9.9% levy.

The agreement also included an increase in corporate tax from 10% to 12.5%.

Excluded from the international markets, Cyprus applied last June for financial assistance from the EU bailout mechanism, after its banks sought state support following massive write downs of the Greek bond holdings amounting to €2.5 billion or 25% of the island`s GDP, as result of the Greek sovereign debt haircut.

 

Consultations between President and parties following House decision on deposits levy CNA – NICOSIA 19/3/2013 22:57

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Consultations between President and parties following House decision on deposits levy

Nicosia, Mar 19(CNA) —-President of the Republic Nicos Anastasiades will have consultations with the political parties at the Presidential Palace on Wednesday morning, following Tuesday’s rejection by the House of Representatives of the deposits levy that was imposed by Eurogroup last Friday.

The MPs rejected the bill as part of an EU bailout by 36 votes against, 19 abstentions and none in favour. Democratic Rally (DISY) ruling party which abstained from the voting, said that Cyprus should now look into an alternative proposal.

Democratic Rally’s Deputy President Averof Neofytou speaking before the Plenary noted that abstaining from the voting is a constructive stance, since the party’s suggestion for another delay in the voting, was rejected by his fellow MPs.

He also stressed that the alternative proposal that will be put before our EU partners must be a reliable one and must not lead to a default.

He described the Eurogroup proposal for a deposits haircut as a “financial suicide” , noting that the President found himself before an extortion, since his other option was the default.

Left wing party AKEL’s Secretary General Antros Kyprianou suggested the island to withdraw its application for an EU bailout , adding that during tomorrow’s meeting at the Presidential Palace, the party will put forward a set of proposals that will meet the country’s financial needs.

Referring to the haircut of deposits, he said that Cyprus has become a guinepig and that some want to take control of Cyprus’ natural gas reserves.

Kyprianou also said that the dilemma that was put before us that we should either accept the haircut or the country will be in default was a fake one .

The deposits haircut was a mere blackmail said DIKO leader Marios Karogian. He also spoke of an unjust decision on behalf of our European partners, adding that this decision has affected the whole of the Eurozone and the markets in general.

EDEK leader Yiannakis Omirou said that with Eurogroup’s decision Cyprus would have become a colony , stressing that the gap between South and North would have become even bigger and the social cohesion would give its place to unemployment and poverty.

He also said that his party will table a set of proposals in tomorrow’s meeting with the President and called for unity among the parties for the favor of the people.

EVROKO President Demetris Syllouris described Eurogroup’s decision as unjust and anti-european, noting that even with the rejection the bill for a levy on haircuts , the problem in Cyprus still remains . He underlined however that the country has the ability to find a solution.

Syllouris said that the House decision to reject the bill is a responsible stance and called on everyone to work with unity in order to find an alternative solution.

Green Party MP George Perdikes said that the bill would lead Cyprus to become a slave for the years to come, adding that transformations cannot take place using blackmailing.

He also said that the consolidation of the banking sector must take place in the right way and not as part of a plan to wipe out the country’s economy.

Independent MP Zacharias Koulias spoke of an unjust decision that was imposed by the Eurogroup , adding that no Cypriot Parliamentarian can accept such a shameful choice.

The Eurogroup reached Saturday an agreement in Brussels which provided for a levy on savings that stung small account holders to the tune of 6.75% in exchange for a €10 billion sovereign bailout deal, whereas deposits over 100.000 euro would be charged with a 9.9% levy. The agreement also included an increase in corporate tax from 10% to 12.5%.

Excluded from the international markets, Cyprus applied last June for financial assistance from the EU bailout mechanism, after its banks sought state support following massive write downs of the Greek bond holdings amounting to €2.5 billion or 25% of the island`s GDP, as result of the Greek sovereign debt haircut.

 

President expresses respect for Parliament’s decision on deposits levy CNA – NICOSIA 19/03/2013 23:00

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President expresses respect for Parliament`s decision on deposits levy

Nicosia, Mar 19 (CNA) — President of the Republic Nicos Anastasiades has expressed his respect for the decision taken by the Cypriot House of Representatives, which rejected a legislation that would lead to a haircut of bank deposits in the framework of a bailout agreement with the Troika.

In a written statement, Government Spokesman Christos Stylianides, notes that the President of the Republic expresses his absolute respect for the decision taken today by the House of Representatives.

“The President of the Republic has already called a meeting of the party leaders for tomorrow morning, at the Presidential Palace, to discuss and study together the situation, as it has developed”, he adds, according to an official press release.

The Spokesman also said that tonight, President Anastasiades had a half-hour conversation with the President of the Russian Federation Vladimir Putin. “It was a fruitful and constructive discussion on the economic relations between the two countries”, he pointed out.

Furthermore, he said that the Cypriot President also had a telephone conversation with Prime Minister of Greece Antonis Samaras, who “expressed his solidarity and the solidarity of the people of Greece for the hard times the Hellenism of Cyprus is going through”.

In addition, the President warmly thanked the Greek Prime Minister for his fraternal solidarity during the last European Council and at the Eurogroup.

The President also spoke with the President of Greece Karolos Papoulias, who also expressed his support to President Anastasiades.

The Cypriot House plenary rejected Tuesday a draft bill on Cyprus` bailout agreement that provided for an unprecedented levy to be imposed on savings in Cyprus banks (haircut) with 36 votes against and 19 abstentions.

 

Statement by the Government Spokesman Mr Christos Stylianides

The President of the Republic, Mr Nicos Anastasiades, is continuing intensive deliberations with and briefing of Heads of States and European Officials regarding the climate that has been created after the Eurogroup decision of last week and in view of the expected meeting of the House of Representatives this evening. Last night the President had a telephone conversation with the German Chancellor Mrs Merkel whom he briefed about the current situation in Cyprus. The President informed the Chancellor that the possibility was considered to cut the loan needs through Cypriot funds. The President of the Republic is expected to have another conversation with Mrs Merkel today and he will continue his contacts with other leaders as well. Meanwhile the Finance Minister, Mr Michalis Sarris, is leaving for Moscow today where he will meet with his Russian counterpart Mr Anton Siluanov. -19.03.2013

 

 

(Κ) Καταψηφίστηκε το νομοσχέδιο για το κούρεμα των καταθέσεων ΚΥΠΕ – ΛΕΥΚΩΣΙΑ 19/3/2013 20:26

Η Βουλή των Αντιπροσώπων καταψήφισε απόψε το νομοσχέδιο για το κούρεμα των καταθέσεων.

Κατά τάχθηκαν οι 36 βουλευτές του ΑΚΕΛ, του ΔΗΚΟ, της ΕΔΕΚ, του ΕΥΡΩΚΟ, ο βουλευτής των Οικολόγων και ο ανεξάρτητος βουλευτής Ζαχαρίας Κουλίας, ενώ οι 19 βουλευτές του ΔΗΣΥ ψήφισαν αποχή.

 

Κ) Στο μήνυμα της απόφασης της Βουλής αναφέρθηκαν αρχηγοί και εκπρόσωποι κομμάτων στα ξένα ΜΜΕ ΚΥΠΕ – Αντώνης Γκιλδάκης – ΛΕΥΚΩΣΙΑ 19/3/2013 22:03

Η απόφαση της Βουλής των Αντιπροσώπων της Κυπριακής Δημοκρατίας προστατεύει όλους τους λαούς των κρατών μελών της ΕΕ, ανέφερε ο Πρόεδρος της Βουλής και Πρόεδρος της ΕΔΕΚ Γιαννάκης Ομήρου, μετά το πέρας της συνεδρίας της Βουλής, όπου καταψηφίστηκε – με 36 ψήφους κατά και 19 αποχές – η απόφαση του Eurogroup για το κούρεμα των καταθέσεων.

Εξερχόμενος της Βουλής, ο κ. Ομήρου είπε, σε δηλώσεις του στα ξένα ΜΜΕ, ότι κατά την αυριανή σύσκεψη με τον Πρόεδρο της Δημοκρατίας, θα συζητηθούν τα επόμενα βήματα. Πρόσθεσε ότι η Βουλή των Αντιπροσώπων καταψήφισε με μεγάλη πλειοψηφία την απόφαση του Eurogroup για το κούρεμα των καταθέσεων στις κυπριακές και ξένες τράπεζες που λειτουργούν στην Κύπρο. «Αναμένουμε την αλληλεγγύη των εταίρων μας, που αποτελεί την θεμελιώδη αρχή της ευρωπαϊκής οικογένειας» είπε.

Ο ΓΓ του ΑΚΕΛ Άντρος Κυπριανού ανέφερε από την πλευρά του ότι καταψηφίστηκε η απόφαση του Eurogroup για κούρεμα των καταθέσεων, καθώς είναι καταστροφική για την κυπριακή οικονομία και κρατά «όμηρο» την χώρα στα χέρια της ΕΕ. Ως προς τα επόμενα βήματα, ο κ. Κυπριανού είπε ότι το ΑΚΕΛ έχει ετοιμάσει 15 συγκεκριμένες προτάσεις, ενώ απαντώντας σε ερώτηση δημοσιογράφων, είπε ότι «προς το παρόν δεν θέλουμε να εγκαταλείψουμε το ευρώ». Πρόσθεσε επίσης ότι ένα τέτοιο ενδεχόμενο δεν αποτελεί προτεραιότητα για την Κύπρο και πως όλα θα εξαρτηθούν από τις εξελίξεις.

Συνέχισε ότι η Κύπρος δεν αναμένει ότι θα λάβει πραγματική βοήθεια από τον ηγετικό πυρήνα της ΕΕ και είπε ότι «επιμένουμε ότι θα πρέπει να προσπαθήσουμε να βρούμε λύση εκτός του πλαισίου της Τρόικας». Ερωτηθείς σχετικά, είπε ότι χάθηκε η εμπιστοσύνη προς την Τρόικα και πρόσθεσε ότι «περιμένουμε περισσότερα από όλες τις Ευρωπαϊκές χώρες». Για την Ρωσία είπε ότι θα πρέπει να διερευνηθεί η πιθανότητα συνομολόγησης μιας συμφωνίας που θα βγάλει την Κύπρο από την δύσκολη θέση.

«Το κυπριακό κοινοβούλιο απέδειξε σήμερα την αποφασιστικότητα του να επαναδιαπραγματευτεί τη συμφωνία» με το Eurogroup, ανέφερε από την πλευρά του ο βουλευτής του ΔΗΚΟ και Πρόεδρος της Επιτροπής Οικονομικών Νικόλας Παπαδόπουλος. Ερωτηθείς για το αποτέλεσμα της σημερινής ψηφοφορίας, ο κ. Παπαδόπουλος είπε ότι «βασικά είπαμε όχι στην ιδέα ενός κουρέματος, γιατί πιστεύουμε ότι θα είναι καταστροφική για τον τραπεζικό μας τομέα», καθώς θα οδηγήσει σε βαθιά ύφεση και κατάρρευση της οικονομίας.

Ο κ. Παπαδόπουλος ζήτησε να παραμείνουν κλειστές οι τράπεζες τις επόμενες ημέρες και να γίνει επαναδιαπραγμάτευση. Πρέπει να πάμε πίσω στην Ευρώπη και να τους πείσουμε με επιχειρήματα, ότι η βιωσιμότητα της κυπριακής οικονομίας είναι προς όφελος της ΕΕ, είπε. Παράλληλα, ανέφερε ότι είναι λανθασμένο το αίτημα της ΕΕ να πληρώσουν οι χαμηλοεισοδηματίες και συνταξιούχοι για τα λάθη των τραπεζών και των κυβερνήσεων.

Ο Πρόεδρος του Ευρωπαϊκού Κόμματος Δημήτρης Συλλούρης είπε ότι θα σκεφτούμε αύριο τους τρόπους για να επιλύσουμε τα προβλήματα που αντιμετωπίζει η οικονομία της χώρας, καθώς και πως θα γίνει αυτό χωρίς την αλληλεγγύη των Ευρωπαίων.

Ο βουλευτής των Οικολόγων Γιώργος Περδίκης είπε τέλος ότι οι πολιτικές δυνάμεις του τόπου θα πρέπει να εργαστούν σκληρά για να προστατευτούν τα συμφέροντα του κυπριακού λαού, μακριά από τις αποφάσεις του Eurogroup, που όπως είπε, είναι καταστροφικές για την κυπριακή οικονομία.

 

The European Central Bank to provide liguidity to to Cypriot banks CNA

Source: Reuters

ECB to provide liguidity to to Cypriot banks

Nicosia, Mar 19 (CNA) — The European Central Bank said on Tuesday after Cypriot lawmakers overwhelmingly rejected a key element of a proposed bailout that it was in contact with its IMF and EU partners and remained committed to providing liquidity within certain limits.

“The ECB takes note of the decision of the Cypriot parliament and is in contact with its troika partners,” the bank said in a statement, according to Reuters.

It adds that “the ECB reaffirms its commitment to provide liquidity as needed within the existing rules”.

The Cypriot House plenary rejected Tuesday a draft bill on Cyprus` bailout agreement that provided for an unprecedented levy to be imposed on savings in Cyprus banks (haircut) with 36 votes against and 19 abstentions.

 

(Κ) ΕΚΤ: Θα συνεχιστεί η παροχή ρευστότητας προς τις κυπριακές τράπεζες ΚΥΠΕ – Γαλλικό Πρακτορείο Ειδήσεων – ΒΕΡΟΛΙΝΟ 19/3/2013 22:04

Η ΕΚΤ ανέφερε ότι θα συνεχίσει να παρέχει οικονομική στήριξη προς τις κυπριακές τράπεζες, μετά την αποψινή καταψήφιση του νομοσχεδίου στην ολομέλεια της Βουλής, μεταδίδει το Γαλλικό Πρακτορείο Ειδήσεων.

«Η ΕΚΤ επαναβεβαιώνει τη δέσμευσή της για παροχή ρευστότητας όπου χρειάζεται, στο πλαίσιο των υφιστάμενων κανόνων» αναφέρεται σε ανακοίνωση της ΕΚΤ.

 

 

Συνάντηση νεοαφιχθεισών ελληνικών οικογενειών από Ελλάδα & Κύπρο Τρίτη 26 Μαρτίου

Invitation to Parents from Greece 3rd Meeting Tuesday 26 March 2013 All

New report on migration and multiculturalism in Australia

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Australia is a vibrant multicultural society according to the findings of the Migration Committee report tabled in the Parliament today. The report received bi-partisan support and made 32 recommendations after receiving over 500 submissions and holding 27 public hearings over a two year period.

The report found that Australian multiculturalism is a success story, and stands as a good example to the world on how to build a cohesive society.

Chair of the Migration Committee Maria Vamvakinou said: “immigration and settlement in Australia has always been a nation building exercise. The committee believes that access to Australian citizenship has been at the heart of the success and cohesion of Australian society. Settlement is a long term and intergenerational process, and we need a whole of government approach and better coordination between all three tiers of Australian government”.

The committee’s recommendations include: rebuilding Australia’s research capacity in this field, especially in qualitative research; factoring cultural and linguistic diversity into the Government’s Social Inclusion Agenda, greater flexibility in English language training and support for micro enterprises, especially for women. The Committee found Job Services Australia needs to improve its delivery of services to people of diverse backgrounds, including refugees.

Deputy Chair Louise Markus said the committee welcomed meeting people at the grass roots where business and local communities were collaborating to improve relationships, and build skills and opportunities for people from different backgrounds.

“In Dandenong, the South East Melbourne Manufacturers Alliance is bringing employers and young refugees together; the National Australia Bank’s African Inclusion Program is exemplary; and social enterprises, like The Studio, are inspirational. These initiatives deserve special mention and prove that cooperation, cross-cultural awareness, and commitment provide tangible results,” Mrs Markus said.

Mrs Markus said there was “no doubt that immigration has enriched the social, economic and cultural life of our country”.

Ms Vamvakinou said every society is dynamic and open to the influences of globalisation, wars, and economic crises. We are a resilient society and well placed to meet these challenges.