in 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

in 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.