>>Ni Popu kazat' {g}
>>I owe peanuts comparing to most of people nowdays in Cyprus.
>>But I was pi$$ed of that they actually increased MARGIN which is supposet to be fixed (so I was told) while central bank rate
>>(which is suppose to be that variable part) actually dropped 0.5 %
>>
>>But it is all scrapped now. Our FED excersized muscles and stopped most of rate increases.
>
>Does Cyprus have a FED-like private/foreign bank consortium, or a real national bank?

Old fashioned/conservative National Bank. Thanks to that fact Cypus is up to now among least affected countries in Europe.

This attemt to increase rates was real prank played by 'cartel'
(uups! no country have cartels {g} It is just how I call bank buddies gatherings - 'od miloste' )

They got slammed by everybody so they finally backed down.