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Re:The madness of the bailout in Cyprus
on Sunday March 17, 2013 @12:15PM (#5389696)
Cyprus' public debt took off after they were downgraded by Moody's and friends last year (meaning they were no longer able to borrow). This happened because the EU--in their infinite wisdom--wrote off a €4b loan (in bonds) Greece owed to Laiki (a Cypriot bank). So that's €4b the government lost overnight, and round about €10b it's "lost" since 'cos they can't trade.
Public debt for 2011 was 71.1 of the country's GDP.[1]
[1] http://www.centralbank.gov.cy/media/pdf/AnnualEconomicIndica...
Re:The madness of the bailout in Cyprus
on Sunday March 17, 2013 @12:07PM (#5389661)
Cyprus didn't lie about their fiscal situation; Greece did. Don't get your shit all mixed up.
Re:Thai character ก็็็็็ (ก) gets rendered in a strange way
on Tuesday March 12, 2013 @11:06AM (#5362256)
Yep. With the diacritics spaced out:
ก ็ ็ ็ ็ ็