A RERUN OF THE GREEK CRISIS?

A RERUN OF THE GREEK CRISIS? I can’t help wondering whether to some of the players the Cyprus crisis is an opportunity to repeat moves from the Greek crisis. There must be some European ministers who think of Cyprus as a proxy for its close ally Greece. If there are bitter feelings from Greece’s threatening to bring down the Euro, Cyprus is an opportunity to challenge a country which is perhaps too small to have an effect on the Euro if it leaves. And the initial decision by the Cyprus government to impose a tax on smaller deposits may have been taken with the goal of mobilizing political protest. Of course, this is all speculation without any evidence at all.

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