Wall Street Journal (March 27)
2013/ 03/ 27 by jd in Global News
“Nothing is ever simple with a euro-bailout, and the Cyprus fiasco is proving that again. On Thursday the tiny island disaster will become the first euro-zone country to impose capital controls since the single currency was introduced. This will spare Cyprus from immediate economic collapse, but the curbs are a worrying precedent.”
Tags: Bailout, Capital controls, Collapse, Cyprus, Disaster, Euro zone