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Pictures From A Cyprus ATM Line

Posted By yihan On March 21, 2013 @ 1:07 pm In Money Watch | Comments Disabled

Zero Hedge [1]
March 21, 2013

For a few days, the people of Cyprus were calm, quietly and orderly accepting the unreality of the levy being imposed upon them – incredulous that it was even possible. As we reach the 4th day of bank closures, amid rolling rumors and ECB threats, it appears the people have reached a tipping point as this series of images from Cyprus ATM lines indicates - the bank-jog has arrived. When will it become a full blown sprint?

 

It appears the catalyst for this latest move is the ECB threat and EU concerns over the future of the two biggest insolvent banks: As AFP reports:  EU calls on Cyprus to set capital controls and merge 2 biggest banks Laiki and Bank of Cyprus.

  • *EU WANTS CYPRUS TO ADOPT MEASURES BEFORE BANKS RE-OPEN, ANSA
  • *EU WANTS CYPRUS TO ADOPT MEASURES TO STOP DEPOSIT FLIGHT: ANSA

 

 

Via @Imeldaflattery [2]

Pictures From A Cyprus ATM Line 20130321 ATM2 0 [3]

 

Via NYT [4]

Pictures From A Cyprus ATM Line 20130321 ATM1 [5]

 

Via Sigma Live [6]

Pictures From A Cyprus ATM Line 20130321 ATM7 [7]

 

Pictures From A Cyprus ATM Line [8]

 

Pictures From A Cyprus ATM Line 20130321 ATM3 0 [9]

 

Via @janinel83 [10]

Pictures From A Cyprus ATM Line 20130321 ATM4 0 [11]

 

 

Via @jkozakou [12]

Pictures From A Cyprus ATM Line 20130321 ATM5 0 [13]

 

Pictures From A Cyprus ATM Line 20130321 ATM6 [14]

 

Source: Twitter and Fred


 


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URL to article: http://www.prisonplanet.com/pictures-from-a-cyprus-atm-line.html

URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/2013-03-21/pictures-cyprus-atm-line

[2] @Imeldaflattery: http://twitter.com/Imeldaflattery

[3] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM2.jpg

[4] NYT: http://www.nytimes.com/2013/03/22/business/global/ecb-hardens-deadline-for-cyprus-bailout-deal.html

[5] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM1.jpg

[6] Sigma Live: http://translate.google.de/translate?hl=de&sl=el&tl=en&u=http%3A%2F%2Fwww.sigmalive.com

[7] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM7.jpg

[8] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM8.JPG

[9] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM3.jpg

[10] @janinel83: http://twitter.com/janinel83

[11] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM4.jpg

[12] @jkozakou: http://twitter.com/jkozakou

[13] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM5.jpg

[14] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130321_ATM6.png

[15] Cyprus Bank Deposits Plunge By Most Ever During “Capital Controls” Month: http://www.prisonplanet.com/cyprus-bank-deposits-plunge-by-most-ever-during-capital-controls-month.html

[16] As Cyprus Delays Reopening Banks Again, Here Are The Longest Bank Closures Ever: http://www.prisonplanet.com/as-cyprus-delays-reopening-banks-again-here-are-the-longest-bank-closures-ever.html

[17] Time Is Running Out In Cyprus: http://www.prisonplanet.com/time-is-running-out-in-cyprus.html

[18] Have The Russians Already Quietly Withdrawn All Their Cash From Cyprus?: http://www.prisonplanet.com/have-the-russians-already-quietly-withdrawn-all-their-cash-from-cyprus.html

[19] Cyprus crisis: limits on bank withdrawals to last ‘about a month’: http://www.prisonplanet.com/cyprus-crisis-limits-on-bank-withdrawals-to-last-about-a-month.html

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