21 March, 2013

The Best Move For Cyprus Might Be To Hold A Gun To Its Own Head - Business Insider

The Best Move For Cyprus Might Be To Hold A Gun To Its Own Head - Business Insider: The big news today is that the ECB has given Cyprus a deadline.

If it doesn't have a deal in place by Monday, then it's over. The ECB will not be providing any emergency liquidity to its banks at that point.

Expect a busy weekend, as the government scrambles.