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Cyprus crisis: 'This is the darkest week in our history since the 1974 invasion'
Helena Smith, The Observer, 23 March 2013
Cyprus is on its knees, with its banks on the verge of closing doors for good and locals and expatriates alike wondering if the island can be saved. Even if a deal with Europe's bankers can be agreed, it will come at an inordinately heavy priceAs zero hour approaches, a small island population watches and waits, consumed with anxiety and simmering with resentment. "This is the darkest week in Cyprus since the 1974 invasion," said Hubert Faustmann, associate professor of history and politics at the University of Nicosia. "The island has been put on the Greek path. What lies ahead are further cuts, austerity measures, more bailouts, because it won't be able to repay the loans, endless misery and recession. It will take years to recover."