The Cyprus Stock Market Is Having One Of The Biggest Rallies We've Ever Heard Of

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%.

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When the alternative is your country going bust, it’s not that weird. But still, wow.

(Via Efthimia Efthimiou)

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