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That doesn't seem like "blackmail", but a frank assessment of the situation.
by revelation 14y ago
That doesn't seem like "blackmail", but a frank assessment of the situation.
- kyriakos 14y agoin the case of Greece the debt was haircut (hence the bail-out) - this is what partly caused the problem in Cyprus. Now in the case of Cyprus, the deposits are hair cut (a bail-in). Not giving the 1st option to Cyprus is the blackmail. Bottom line its all about the natural gas.