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Re: Eurozone will collapse...
Quote:
Originally Posted by Damien
I think they would let it, begrudgingly, happen. They don't want a precedent to be set but equally Cyprus is not going to bring down the Eurozone if they leave or go bust. Germany would want them to say but political pressure not to be seen to be caving in and simply giving Cyprus the bailout, i.e Germans money, would stop them from making a generous offer.
Either Cyprus accept a revised bailout (most likely)
Germany give them a bailout with no strings attached (unlikely)
Cyprus get money from Russia (dunno)
Cyprus leave Euro (dunno)
I think Cyprus' position at the table is weaker than any of the other bailouts thus far to be honest.
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I think this will move very quickly and by tomorrow night Cyprus will have lots and lots of Ruble's to play with 
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