El Pais Retracts Article Reporting "Merkel, Like Hitler, Has Declared War On Europe" + Cyprus' Laiki Bank Lowers ATM Withdrawal Limit To €100

Submitted by Tyler Durden: What does it take for the Spanish "first amendment" journalistic override to kick in? Apparently, in the case of local media leader El Pais, putting up the following in print: "Merkel, como Hitler, ha declarado la guerra al resto del continente, ahora para garantizarse su espacio vital económico." For the Spanish-challeneged this translates as follows: "Merkel, like Hitler, has declared war on the rest of the continent now to secure their economic living space." Ah yes, the touchy verboten topic of German "Lebensraum" - its invocation, and ostensibly the unflattering Merkel comparison (seen so often in Greece) were enough to get the article by Juan Torres López in the Andalusia version of El Pais titled simply enough "Alemania contra Europa" taken down.

Is it perhaps because unlike in Greece, where articles like that are a daily occurrence, Spaniards still have something to lose should they also lose the good graces of the German chancellor? Something that is more than one Spiderman towel per depositor in the nation's just as insolvent banking system, where apparently unlike in Cyprus, the ESM actually does work to preserve liquidity and stability?...

A cached version of the article:

In its place one only now sees the following:

EL PAÍS ha retirado de su web el artículo “Alemania contra Europa”, firmado por Juan Torres López y publicado en su edición de Andalucía, porque contenía afirmaciones que este periódico considera inapropiadas. EL PAÍS lamenta que un error en las tareas de supervisión haya permitido la publicación del citado material. Las opiniones expresadas por Torres López solo representan al autor.

aka:

The country has removed from its website the article "Germany against Europe", signed by Juan Torres López and published in its edition of Andalusia, because it contained statements that this paper considers inappropriate. COUNTRY regrets that an error in the monitoring tasks has allowed the publication of said material. The opinions expressed by Torres López represent only the author.

Oops, there goes freedom of expression.
But don't anyone dare touch Dancing with the Stars (or, in Europe, Big Brother). Then we will have problems.

__________________

banzai7

Cyprus' Laiki Bank Lowers ATM Withdrawal Limit To €100

Submitted by Tyler Durden: With its banks indefinitely closed, and capital controls already in place making it virtually impossible any material cash will leave the local bank branches or certainly the island (especially in direction Moscow), gas stations about to shut down due to lack of cash, next it was the turn of the ATMs. Sure enough, as CNBC's Michelle Caruso-Cabrera reports on the ground from Nicosia, moments ago the nation's second largest, and second most insolvent bank, Laiki Bank, announced that withdrawals are now limited to €100. The picture below from MCC shows as an employee takes down old sign that said previous €260 limit. At this pace, in lieu of some grand bargain, we expect it is only hours before the final limit is imposed: withdrawals now limited to €0.

"Employee takes down old sign that said previous €260 limit"

Source