Sic Pig brings euro train wreck closer

Maybe people thought it was too small to matter, or just that it didn’t fit in the famous PIIGS acronym, but Cyprus has stayed very much on the periphery of investor consciousness during the euro crisis. Until now of course. Sic Pig is the best I can do to bring Cyprus into the acronym (or rather the best wordsmith.org can do), but it hasn’t needed anyone’s help to bring it front and centre into the crisis. The ‘bail-out’ (in inverted commas because it so obviously doesn’t avert either pain or disaster) of Cyprus’s two biggest banks will be funded in...

Maybe people thought it was too small to matter, or just that it didn’t fit in the famous PIIGS acronym, but Cyprus has stayed very much on the periphery of investor consciousness during the euro crisis. Until now of course.

Sic Pig is the best I can do to bring Cyprus into the acronym (or rather the best wordsmith.org can do), but it hasn’t needed anyone’s help to bring it front and centre into the crisis.

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