Analysts in the financial market note that Cypriot problems exert strong pressure on the European currency. After all, the decision of the Eurogroup for Cyprus has not yet been accepted, and Russia refused to provide real assistance, although it promised to continue negotiations on the terms of payment of the previously granted loan.
Today, by the beginning of trading in the international foreign exchange market, the price of the euro amounted to $ 1.29. Most likely, an indefinite situation will push to the fact that they will get rid of the euro-vale. These are the realities of the modern currency market.
Recall that at the beginning of the week the Eurogroup decided to provide Cyprus with a loan for 10 billion. euro, but about 6 billion. the state was supposed to receive the euro by introducing a one -time tax on deposits. However, this decision caused dissatisfaction with both the local population and foreign investors, because the parliament did not approve it. Especially outraged in Russia, because there are many Russian money in Cyprus banks.
The leaders of the political parties of Cyprus proposed creating a solidarity fund, which was supposed to attract funds on the world market secured by state -owned resources, pension resources, property of the Cyprus Orthodox Church, as well as income from the alleged production of natural gas.
However, international creditors rejected this proposal. And later the German Chancellor Angela Merkel announced that the economic model by which Cyprus lived all these years can no longer exist.
Cyprus cannot find money outside the EU zone, and Europe, providing financial assistance, will insist that the state abandon the offshore type of economy. It was this that hinted at Merkel. Berlin believes that Cypriot banks are a tool for withdrawing shadow money.
The Ukrainian authorities did not comment on the Cyprus situation at all, only Prime Minister Nikolai Azarov at a press conference said that this problem concerns only those who decided to withdraw money from Ukraine. In his opinion, keeping money in Ukraine is safer. For information, the information agency of RBC-Ukraine analyzed the current situation in the country’s financial markets and came to the conclusion that the population has weak knowledge on financial issues, which is why it is afraid to use new, non-banking tools. Therefore, the agency, together with Alpari, decided to engage in increasing the financial literacy of Ukrainians. Obviously, Cyprus cannot be avoided by serious banking perturbations, it is unlikely that the euro will benefit from this, experts think.