Thursday, March 21, 2013

Live Cyprus TV Feed

Live cypriot television feed online- the entire day's programming seems to be interviews and footage related to various riots, protests, and banking news as that nations economy grinds to a halt.

What seems to be happening now:

1. Some banks seem to be closed- ATMs are working but have a limit of 200 (or 250) euros withdrawal each day.

2. There is word one major bank will be liquidated.

3. The ECB (European Central Bank) has given Cyprus a deadline of March 25th to reach a debt deal and stave off, essentially, a complete national shutdown.

4. The Russians and Germans are both apparently offering deals. (Update: Russia appears to have withdrawn from dealmaking.)

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