Cost of Cyprus bailout 'rises to 23bn euros'

[Kasz216]

Weedlab said:

spurgeonryan said:
I have heard of it. Just thought it was a city in some area or it was a large island.

It's seen as a '2 tier' island. One side has Greek influence while the other has Turkish influence. The Greek side is in the shitter.

Well that's true for everything greek vs turkey wise lately.

If things weren't quite as bd it'd be quite the blow to the ego.  

Cyprus just shows that being a tax haven isn't all bonuses.

If you screw up... there is no recovery really.