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Banks in Cyprus send confusing message of crisis as the country assumes the rotating EU Presidency (photo: Leonid Mamchenkov/flickrcc)
Cyprus assumes EU Presidency amid bank crisis
Nicosia – The small eastern Meditteranean nation of Cyprus has taken over the six-month presidency of the Council of Europe just days after two of its three largest banks asked for assistance. The lanes have all been freshly painted, the flowers have been freshly planted, and the flags have been freshly flown. Yes, the Cypriot…
By Roee Ruttenberg July 1, 2012
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