3 ms·
Believe me you don't want their help. Cyprus.
by saejox 13y ago
Believe me you don't want their help. Cyprus.
- mafribe 13y agoCyprus has a population of about 1 Million, the EU bailout is about $13 Billion (with likely much more to come, just yesterday president Nikos Anastasiades asked for a topup), that's about > $10K per person. According to the ECB study's of median net wealth, Cyprus stood at €267000 per household, compared to just €51000 for Germany. See Table 4.1 on Page 76 of [1]. Somebody is getting an extremely good deal here. [1] http://www.ecb.int/pub/pdf/other/ecbsp2en.pdf http://www.ecb.int/pub/pdf/other/ecbsp2en.pdf