‘The entire wealth of the Church is at the disposal of the country so that we c

an stand on our own two feet and not relying on foreigners,’ Archbishop Chrysostomos said after meeting Cypriot President Nicos Anastasiades early on Wednesday. The Church of Cyprus is a major shareholder in Cyprus's third-largest domestic lender, Hellenic Bank. Unless Europe, the International Monitory Fund or Russia give Cyprus more money or the banks will go bust. Cyprus has become the tax evasion centre for Russian oligarchs. It is doubtful Angela Merkel would agree to a bailout blueprint that causes German taxpayers to subsidise Moscow billionaires with a German election looming this autumn. Anastasiades - a month in the job - gathered party leaders and the governor of the central bank at his office on Wednesday and was due to hold talks with officials from the EU, European Central Bank and IMF while Finance Minister Michael Sarris was in Moscow negotiating a Russia bail out to safeguard high levels of Russian deposits in Cypriot banks.

Pray: for God in His mercy to sort out the looming turmoil that would affect ex-pat European citizens. (Ps.20:1)

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