Archbishop Chrysostomos of Cyprus Sez: “We Should Withdraw from the Union”

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Archbishop Chrysostomos Demetriou of Nova Justiniana and all Cyprus said that his country should withdraw from the EU, as the EU would cease to exist in the future, as its coming apart. Vladyki Chrysostomos said in an interview with Pervy Kanal (Первый канал: Channel One), “Currently, the economies of Spain, Portugal, and Italy are in danger. If the Italian economy goes down, just like our economy, the EU won’t withstand it. The people who rule the EU, particularly, those making decisions in the so-called troika, don’t understand many things; that’ll lead to the collapse of the EU. This is why I believe we [Cyprus] should withdraw from the union before the collapse takes place”.

On Monday, the finance ministers of the 17-nation Eurozone agreed to a 10-billion Euro (399 billion Roubles. 12.9 billion USD. 8.5 billion UK Pounds) deal for Cyprus to rescue the island nation and its oversized banking sector from financial collapse. The new deal forces the holders of accounts of over 100,000 Euros (3.99 million Roubles. 128,400 USD. 84,300 UK Pounds) to take losses that could amount to 30 to 40 percent of their deposits. The ministers expect the new deal to yield some 4.2 billion Euros (137.5 billion Roubles. 5.4 billion USD. 3.5 billion UK Pounds) to allow Cyprus, which is currently teetering on the brink of default, to obtain 10 billion Euros in financial aid from the troika of international lenders. The so-called troika of creditors are the International Monetary Fund, the European Commission, and the ECB.

31 March 2013

RIA-Novosti

http://en.rian.ru/world/20130331/180359765/Archbishop-of-Cyprus-Says-His-Country-Should-Quit-EU.html

 

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Cypriot Priests Agree To Pay Cut

The Euro Time Bomb

Carlos Latuff

2010

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On Tuesday, Orthodox leaders in Cyprus decided to take a 25 percent pay cut, whilst lay staff will see their income slashed by 15 percent in an austerity drive by the clergy. The influential Church of Cyprus decided to tighten its collective belt as the island’s economic slump and exposure to Greek debt affected its revenues. Church leaders decided to set an example by slashing their own salaries by a larger margin. Archbishop Chrysostomos Dimitriou and his fellow bishops also agreed to forgo their 13th monthly salaries, while yet-to-be-announced pay cuts for priests will come into effect from January 2013.

Following Tuesday’s meeting of the Holy Synod, its highest-ranking member, Metropolitan Georgios Papachrysostomou of Paphos, said that salary cuts for lay staff apply to those earning more than 1,500 Euros (61,200 Roubles. 1,900 USD. 1,200 UK Pounds) a month. He told reporters, “There was a discussion and we came to these percentages. Opinions were expressed, but the decision was unanimous”. He said there were proposals for steeper and lesser cuts before the final figures were agreed. The Holy Synod also decided to freeze recruitment to monasteries and the various bishoprics. Although the church is the biggest landowner after the government and has business interests from drinks to banking, its income has suffered as Cyprus tackles the Euro crisis.

4 September 2012

Katherimini

http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_04/09/2012_459733

Editor’s Note:

Now, here’s the PROPER way to face an economic crisis. The leaders are taking a BIGGER cut than the rank n’ file are, and they’re doing their best to spare any pain to the lowest-level people. That’s the Christian way, unlike the rightwing way… that has the lower-level people suffering so that the higher-ups can party on, heedless of the pain that they’re inflicting on others. The Cypriot bishops are stand-up guys and real Christians… and godless rightwingers such as Fathausen, Reardon, Dreher, and Mattingly aren’t.

By their fruits, ye shall know them… indeed…

BMD