Original Article Post Date:
Why tiny Cyprus is still too big to leave the euro
Marketwatch, Wall Street Journal, 29 January 2013
WASHINGTON (MarketWatch) – If you think Greece has caused euro headaches out of proportion to the size of its economy, wait until you see the problems Cyprus has in store for currency markets.
The Mediterranean island is the third-smallest economy in the euro zone but it needs bailout funds more or less equal to its annual GDP of about $22 billion.