It doesn’t get much attention, but Cyprus is a Eurozone country that’s in pretty much the same economic situation as Greece (except it has natural gas, so the Russians have taken a liking to it).
Like Greece it also needs a bailout, and it reportedly has just hammered out a deal with the Troika.
The stock market reaction? Up 10%.
When the alternative is your country going bust, it’s not that weird. But still, wow.
(Via Efthimia Efthimiou)
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