Reassurances from European bankers and finance ministers that Cyprus was a one-off buoyed markets but did little for the public mood on the island where many feel they have made a scapegoat for its large offshore banking sector.
Wealthy eurozone governments like Germany had refused to bail out Cyprus unless it agreed to put an end to what they regarded as a “casino” financial sector dependent on hot money from countries like Russia.
Chancellor Angela Merkel has become a particular butt for demonstrators’ anger in Cyprus, as in Greece last year,
“The price of rescue is high: Germany is again the whipping boy,” the influential news weekly Der Spiegel complained on its website.
- Cyprus bank chairman resigns as protests erupt, EUBusiness.com, March 26, 2013.
3. Billy Kempfer says he “always wanted to be behind the scenes,” working his massive beef cattle, timber and sod operation, and “never wanted to be up front” as the center of attention.
But Kempner’s friends at the Brevard County Cattlemen’s Association had a different idea.
They nominated Kempfer for the Florida Agricultural Hall of Fame — and a special Hall of Fame committee selected Kempfer as one of the four inductees this year. Kempfer also is one of a select few Brevard residents to ever be inducted in the hall since it was established in 1980.
Kempfer “has been very influential in shaping agricultural policy for Brevard County and throughout the state,” said Lowell Loadholtz, a retired Brevard County extension director, who has known Kempfer for 45 years and was instrumentalist in nominating him for the award.
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