Huffington Post – by MENELAOS HADJICOSTIS and ELENA BECATOROS
NICOSIA, Cyprus — Cypriot politicians moved Thursday to restructure the country’s most troubled bank as part of a broader bailout plan that must be in place by Monday to avoid financial ruin. Concerned customers rushed to get cash from ATMs as bank employees protested.
Cyprus has been told it must raise 5.8 billion euros ($7.5 billion) if it is to receive 10 billion euros ($12.9 billion) from its fellow eurozone countries and the International Monetary Fund. If it does not find a way by Monday, the European Central Bank said it will cut off emergency support to the banks, letting them collapse. Continue reading “Cyprus Has 4 Days To Create New Plan To Avoid Bankruptcy, European Central Bank Warns”

SOTT – by David Ferguson, Raw Story
NOLA – by Claire Galofaro
Common Dreams – by Robert Kuttner
Information Clearinghouse – by Stuck in Palestine
Before It’s News – by Mort Amsel
American Vision News – by Joel McDurmon
Politicker – by Colin Campbell