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ONE SHOULDN'T DISTINGUISH CYPRIOTS AND ARMENIANS AS THE FATE IS SAME. HAGOP KAZANDJIAN
19:31, 22 March, 2013
YEREVAN, MARCH 22, ARMENPRESS: Nowadays issues of Armenians living in
Cyprus don't differ from the issues of other nations' inhabitants. One
shouldn't distinguish Cypriots and Armenians as their fate is the
same. This was noted by Hagop Kazandjian, Chairman of Armenian National
Committee of Cyprus, in the interview with Armenpress when commenting
on current situation in Cyprus.
Number of Armenians living in Cyprus reaches 3500 and almost all of
them has financial issue, with big or small amounts in banks.
In his turn editor of "Gibrahayer" e-magazine Simon Ainejian added
that situation of Armenians didn't differ from others' situation,
which changes minute after minute. "We are waiting for new statement
from the president. We have to pass this tough period together with
our compatriots and brothers," he said.
The Cyprus government was in crisis talks on Wednesday to come up
with a plan to secure an emergency bailout package to shore up its
banks and avert financial meltdown.
On Tuesday night, parliament threw out a controversial plan to skim
[email protected] (£5bn) from savings accounts, in a move that risked plunging
the eurozone into deeper turmoil and heightened expectations that
the cash-strapped country would seek a funding lifeline from Russia.
The newly elected conservative president, Nicos Anastasiades, who said
this week a rejection of the bailout deal would mean "indescribable
misery" for Cyprus, was meeting party leaders to explore a potential
plan B, but few details had emerged, Guardian reported.
He was also due to hold a cabinet meeting and talks with officials
from the EU, European Central Bank and International Monetary Fund.
Late on Tuesday night, the eurozone governments said despite the
vote Cyprus would still need to raise a third of the proposed ~@17bn
bailout.
Cyprus has asked Russia for a five-year extension of an existing
loan of [email protected] that matures in 2016, and a reduction in the 4.5%
interest rate. Sarris told reporters in Moscow: "We're hoping for a
good outcome, but we cannot really predict."
Anastasiades spoke with the Russian president, Vladimir Putin, on
Tuesday night. Moody's ratings agency estimated Russian banks had
extended up to $40bn in loans to companies in Cyprus.
If Cyprus does not find the money to secure a bailout and satisfy
officials in the eurozone and the IMF, its biggest banks could fail.
Banks remained closed across the island on Wednesday to avert a
potential bank run. They had been scheduled to reopen on Thursday
but they will remain closed for the rest of the week, or until a deal
can be reached.
19:31, 22 March, 2013
YEREVAN, MARCH 22, ARMENPRESS: Nowadays issues of Armenians living in
Cyprus don't differ from the issues of other nations' inhabitants. One
shouldn't distinguish Cypriots and Armenians as their fate is the
same. This was noted by Hagop Kazandjian, Chairman of Armenian National
Committee of Cyprus, in the interview with Armenpress when commenting
on current situation in Cyprus.
Number of Armenians living in Cyprus reaches 3500 and almost all of
them has financial issue, with big or small amounts in banks.
In his turn editor of "Gibrahayer" e-magazine Simon Ainejian added
that situation of Armenians didn't differ from others' situation,
which changes minute after minute. "We are waiting for new statement
from the president. We have to pass this tough period together with
our compatriots and brothers," he said.
The Cyprus government was in crisis talks on Wednesday to come up
with a plan to secure an emergency bailout package to shore up its
banks and avert financial meltdown.
On Tuesday night, parliament threw out a controversial plan to skim
[email protected] (£5bn) from savings accounts, in a move that risked plunging
the eurozone into deeper turmoil and heightened expectations that
the cash-strapped country would seek a funding lifeline from Russia.
The newly elected conservative president, Nicos Anastasiades, who said
this week a rejection of the bailout deal would mean "indescribable
misery" for Cyprus, was meeting party leaders to explore a potential
plan B, but few details had emerged, Guardian reported.
He was also due to hold a cabinet meeting and talks with officials
from the EU, European Central Bank and International Monetary Fund.
Late on Tuesday night, the eurozone governments said despite the
vote Cyprus would still need to raise a third of the proposed ~@17bn
bailout.
Cyprus has asked Russia for a five-year extension of an existing
loan of [email protected] that matures in 2016, and a reduction in the 4.5%
interest rate. Sarris told reporters in Moscow: "We're hoping for a
good outcome, but we cannot really predict."
Anastasiades spoke with the Russian president, Vladimir Putin, on
Tuesday night. Moody's ratings agency estimated Russian banks had
extended up to $40bn in loans to companies in Cyprus.
If Cyprus does not find the money to secure a bailout and satisfy
officials in the eurozone and the IMF, its biggest banks could fail.
Banks remained closed across the island on Wednesday to avert a
potential bank run. They had been scheduled to reopen on Thursday
but they will remain closed for the rest of the week, or until a deal
can be reached.