Cypriots Wait and Worry As Default Looms

While the politicians posture and negotiate, the people of Cyprus are watching anxiously. Many are wondering if, like the cash reserves at the country’s banks, their hopes and dreams for a better future are also about to vanish.

At a shop in Nicosia, flowers are in bloom. But the spirits of those who work there are wilting.

“We have a problem when the banks are closed. It’s like we are the living dead. We can’t make any withdrawals, we can’t make deposits, pay our … [Read More]

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Source: VOA News: Economy and Finance


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