Will Cyprus really represent the ‘template’ for Europe?

Last Tuesday, the Financial Times suggested (http://www.ft.com/intl/cms/s/0/b737e2e2-9559-11e2-a151-00144feabdc0.html#axzz2Ofuk7ZG2)  Cyprus got the best deal it was entitled to expect: “It chose a high-risk strategy of living off a banking system far bigger than the state could support.” Okay, fair enough. But as the … Continue reading →