British taxpayers will have to pay €45m (£38.2m) as part of a deal struck by European leaders to rescue Cyprus, as a new finance minister was sworn in amid warnings that there would be “difficult days ahead” for the country.
The Treasury has already flown more than £10m in cash to Cyprus to ensure that British troops and their families stationed in the country have had access to funds amid the financial chaos.
Britain’s new banking watchdog, the Prudential Regulation Authority, brokered a deal this week to rescue 15,000 savers’ deposits held by ailing Cypriot lender Laiki by transferring them to Britain.
CARS will be scrapped and drivers hit with expensive repair bills under EU rules starting today, experts warn.
Tougher tests will see previously roadworthy vehicles fail their MoTs or be in need of costly repairs.
From today an additional 15 boxes on the MoT checklist will need to be ticked before cars are deemed legal to be on the road.
Ukip’s transport spokesman and MEP Mike Nattrass, said: “These rules will drive perfectly serviceable cars off the road, and hundreds of thousands of motorists to the cashpoint.”
The changes, which include stringent checks on warning lights, handbrakes and wiring, were introduced in January last year. But it is only today that they become mandatory, with vehicles failing the MoT if they do not come up to scratch.
- Motorists face MOT failures and repair bills as EU imposes 20 tough safety checks (express.co.uk)
- Thousands of cars will fail MoT in tough EU checks (express.co.uk)
- New tough MoT rules could see thousands of failures (telegraph.co.uk)
- New MOT Test: Safety Warning lights lit on older c (evanshalshaw.com)
- Drivers face MoT failure and rising repair bills as European rules impose 20 additional safety checks on brakes, steering, and lighting (thisismoney.co.uk)
- Some information to know about MoT Scunthorpe (motscunthorpe.wordpress.com)
The Following [link] has been written by a barrister & checked over by a solicitor with the intention of building a prima facie case for treason
Click here to read [external] Treaty on the European Union and English Constitutional Law Or Treason at Maastricht.
- French majority now rejects Maastricht treaty (telegraph.co.uk)
- The following has been sent to 1300 newspaper editors and reporters across the country. – BRITISH LAW – Rex P. (inquiringminds.cc)
- No one was talking about a United States of Europe? Well they are now (itv.com)
- European Unions Throughout History (history.com)
- Nobel Peace Prize: Joke of the Century (english.pravda.ru)
- This is Our Land (truth-wars.co.uk)
In this episode, Max Keiser and co-host, Stacy Herbert, the european short change con in which debt and debt facilities are created and swapped at ever increasing speeds in order to defraud the population.
In the second half of the show Max talks to economist Yanis Varoufakis about the ponzi austerity screwing Europeans right down to the ground with more debt. Continue reading
Labour Ken Livingstone agrees with UK Independence party leader Nigel Farage that the Eurozone must breakup. Continue reading
BNI depositors unable to make withdrawals / payments, payments of utility bills, mortgage payments, taxes
Peter Giordano, Adiconsum: “Grave of the Bank of Italy’s attitude that takes action without considering the impact on depositors, and especially on single-income families and pensioners” Continue reading
Well that didn’t take long. The ink on the #Spailout is not dry yet (well technically there is no ink, because none of the actual details of the Spanish banking system rescue are even remotely known, and likely won’t be because when it comes to answering where the money comes from there simply is no answer) and we already have an answer to one of our questions. Continue reading
(CNN) — Eurozone finance ministers will hold a conference call Saturday as concerns grow over the state of Spain’s ailing banking sector.
The talks come a day after the International Monetary Fund said Spain’s banks need at least 40 billion euros (about $46 billion) in fresh capital to preserve the country’s financial stability. Continue reading