A Cypriot Domino

Nicos Anastasiades

You are Nicos Anastasiades, the Cypriot premier; you have realized that the financial system is sinking in a cesspool of debt, a consequence of an economy too brittle to hold a banking network of such magnitude. You ask the European Union to inject a truckload of cash into the economy, a thinly veiled cry of “BAILOUT PLEASE!” You are said that your pleas will be taken care of, but there is a catch, your government would have to give up some of your liquid assets in exchange, perhaps as collateral. Your only viable source of liquid assets is none other than the deposits of your very own citizens.

What do you do?

Angela Merkel

You are Angela Merkel, the Chancellor of Germany and perhaps the most powerful woman in Europe. You realize that bailing Cyprus out would effectively take money out your electorate’s pockets; that would be the last thing on your mind considering the federal elections are due in six months. Alternatively you could let Cyprus sink, but would you let this collapse act as a catalyst to the dissolution of a political union whose doubters multiply exponentially by the moment?

What do you do?

     You are Marios Constantinou, a Cypriot ‘average Joe’. After a hard day’s work, you switch on the television only to find out that your elected representatives are voting on a bill to levy a double digit tax on your savings.

Well, what do you do?

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