Spain's economy is in a pretty bad state at the moment. Worse than the other countries you mentioned as far as I'm aware. In the town where I live the local po

Spain's economy is in a pretty bad state at the moment. Worse than the other countries you mentioned as far as I'm aware. In the town where I live the local police hadn't been paid for two months, so they made up their wages by setting up checkpoints and fining drivers. When you're seeing that level of dysfunction it's not hard to see how the situation in Cyprus would make people question how safe their Euro accounts are.