Penny Wise, Gas Foolish
No one can yet say how much oil and gas lies within Cyprus’s territorial waters, but there are strong indications that it could make a huge contribution to the EU’s energy needs. Clearly, the wrong bankers are addressing the Cypriot debt problem.
https://prosyn.org/ZjCpIP7
BRUSSELS – Europe is on the verge of making a historic mistake, one that would compound the growing sense of European decay and collapse. The issue involves Cyprus, but it has nothing to do with the divisive politics of the country’s bailout terms – though Europe’s approach to that problem will play a key role in determining the outcome.