What a shocker- the Euro ‘powers that be’ are playing a high stakes game with some big questions lingering over the precedent they are trying to set. In some investor’s eyes, the island of Cyprus could now ‘unofficially’ become the test case for the EUR’s survival. This small controversial island’s economy accounts for only +0.2% of the Euro-zones GDP but whose troubles are having a global impact on investor’s nerves this Monday morning. On Saturday, the country received in gesture a EU +€10b rescue package in return for a series of unusually harsh conditions. The deal included a “tax” on depositors – 6.75% for ... (full story)