Sunday, March 17, 2013

Even More On Cyprus

A Fistful of Euros notes that the Cypriot bank holiday set for Monday was declared in a one-line press release just 9 days ago (not required if you can’t read Greek).

They also note that this is the first day of Lent (a religious period in which the faithful are asked to give up something for their sins) in the Greek Orthodox religious calendar, and that Cypriots are being asked to give up some of their wealth on that very day.

You don’t have to be very cynical to recognize that as political a**-covering on a grand scale.

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