The Cyprus Bailout Fiasco: European Markets Roll With the Punches

Although the aftershocks created by the botched Cyprus bank bailout are by no means over, the news this morning is on balance reassuring. At least we should be thankful for small mercies: the European banking system is still standing.

http://www.forbes.com/sites/eamonnfingleton/2013/03/18/the-botched-cyprus-bailout-european-markets-roll-with-the-punches/

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