Cyprus

While this isn’t directly related to Orthodoxy, there’s enough there in Cyprus being ground zero for the EU takeover of personal accounts that it is newsworthy. What a way to start Great Lent.

Via NPR:

A vote in Cyprus on whether to approve a controversial bailout plan has been postponed after the prospect of the deal caused bank customers to rush to withdraw their savings and drew the ire of overseas depositors.

As NPR’s Krishnadev Calamur wrote in a post over the weekend: “The money [is] needed because Cyprus’ banks lost 4.5 billion euros on their Greek bond holdings, which were written down last year after Greece’s second bailout.”

The bailout, which is now set for a vote Tuesday, is just $13 billion, a tiny sum compared to the $150 billion given to Greece. But it’s the first time the eurozone and the IMF have taken a cut of people’s savings — a one-time levy of 6.75 percent on deposits under 100,000 euros and 9.9 percent on higher amounts — to finance the plan.

March 18, 2013

CYPRUS: EU Move to Rob Depositors Directly of Savings Set for Tuesday Vote

While this isn’t directly related to Orthodoxy, there’s enough there in Cyprus being ground zero for the EU takeover of personal accounts that it is newsworthy. […]
August 22, 2012

Will the Economic Crisis Mark the Beginning of the End for State-Orthodoxy?

Today Philelevteros reports that the State-Church of Cyprus will cut the salaries of anyone being paid more than €1500 ($1860) a month, which obviously includes priests […]
March 11, 2011

Cypriot Church Host More Ecumenism Meetings

source: Ekkleisa http://www.ekklesia.co.uk/node/14277 Inter-Orthodox consultation looks at nature and mission of the church A week-long inter-Orthodox consultation is concluding its work, with some forty senior church […]
June 6, 2010

Chrysostomos of Cyprus address to the Pope

Paphos, 4 June 2010Your Holiness, Pope Benedict of old Rome,Welcome to the Island of Saints and Martyrs!Welcome to the first Church of the Nations, founded by […]