To this day it has been ratified by 133 countries, including Cyprus, which ratified the Convention in 2006.
Turkey met the last condition for accession talks in July 2005, when it extended a customs union with the EU to all new member states, including Cyprus.
Earlier European Commission spokesman Simon O'Connor defended the group's actions, saying its original decision on the bailout was "taken by unanimity, all the member states of the eurozone, including Cyprus".
That similarly slowed the outflows from the industrialized nations to the offshore havens, including Cyprus (for many offshore havens, the flows substantially reversed as depositors tapped their offshore accounts to either try to save their businesses at home, or else cherry-pick undervalued assets from the financial wreckage).
Participation in the DPS is compulsory for all banks authorised by the Central Bank of Cyprus, i.e. banks incorporated in the Republic of Cyprus, including their branches in other countries, and the Cyprus branches of foreign banks, incorporated outside the Republic of Cyprus or the Member-States of the European Union.
The organisation is also deeply involved in managing the continuing eurozone crisis, including the bailout of Cyprus.
And what would the markets make of a council including governors from Latvia and Cyprus, but not Germany?
Its fleet of Boeing 737s operates scheduled flights from Cyprus to airports including Luton, Heathrow, Gatwick, Stansted, Manchester, Birmingham, Glasgow, Newcastle, Nottingham, Belfast.
With indications that the new plan will include restructuring Cyprus' troubled banks, including the country's second-largest lender Laiki, angry lines of people formed at some of the bank's ATMs in the center of the capital.
In addition to the new agreement with Egypt, Cyprus has established ties with Israel, including exploring the possibility of hosting refining, transport and Liquefied Natural Gas facilities that the Israeli government would rather not have around.
The plan would raise money from domestic sources, including pension plans and subsidiaries of foreign banks active in Cyprus.
In Moscow on Thursday he told European Commission President Jose Manuel Barroso that all interested parties, including Russia, should be included in a deal for Cyprus.
BBC: Cyprus government 'to present bailout plan B on Thursday'
Cypriot government officials have said the new plan includes a smaller deposit grab to ease the pain on small savers, help from Russia, restructuring the country's troubled banks and raising money from domestic sources, including pension funds and subsidiaries of foreign banks active in Cyprus.
The Cyprus Central Bank ordered all banks to suspend operations this weekend, including both domestic and international operations.
Seven successive wins in qualifiers followed, including 9-0 drubbings of Austria and San Marino as well as the Cyprus caning.
Cyprus took significant steps toward cementing a new plan Friday night, when its lawmakers approved nine bills, including three crucial ones that will restructure ailing banks, restrict financial transactions in emergencies and set up a "solidarity fund" that will act as the vehicle for raising funds from investments and contributions.
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