From ZeroHedge:
Update: President Anastasiades rejects FinMin Sarris' resignation. Unclear what happens next.Also at ZH:
Things just took a turn for the much worse following this news from Market News:
Unclear if German FinMin Schauble will promptly step in to fill this latest sovereign vacancy....
- CYPRUS FINANCE MINISTER SUBMITS RESIGNATION - SOURCES
- MARKET NEWS CITES SOURCES ON CYPRUS FINANCE MINISTER
Cyprus Now Set To Vote Against Bailout, Ruling Party To Abstain Guaranteeing Failure To Ratify "Bail-In"
Cyprus Contagion Spreading: Greek Bonds Plunge Most Since Bailout
UK Sends Planeload Of Cash To Its Cyprus Troops As A "Contingency Measure"
* "He lied like a finance minister on the eve of a devaluation"
-Warren Buffett
-Warren Buffett