Euro Lessons Unlearned in Cyprus Bailout Path Marred by Blunders

Euro Lessons Unlearned in Cyprus Bailout Path Marred by Blunders

Simon Dawson/Bloomberg

Customers wait their turn to be allowed access into a branch of a Cyprus Popular Bank Pcl in Nicosia, Cyprus. Cyprus is the top destination for Russian investment, pulling in $22.4 billion in 2011, according to the Russian central bank’s latest full-year data.