An
incredibly content-filled view brilliantly expressed by Gideon Rachman.
I am
in full agreement as to the real issue now undermining the EU at a very complex
crossroads in the path to "...an ever closer union."(?)
Trust
is a priceless commodity, one that takes years to build and only minutes to
crack.
Unless
the top brass of European political, economic and social leadership show some
vision and statesmanship I fail to see how much worse things may get before
eventually starting to improve.
The
financial and banking crisis is real and has so far been handled the way it has
been.
One
country after another stole the limelight generally for the wrong reasons.
Cyprus's
turn came up now. It is easy to understand the far wider implications involved.
These outweigh the island's geography and demography by a heavy margin.
The
banking union in the Eurozone is incomplete but over the years no single entity
took notice of the banking sector in Cyprus?
Its
outsized nature, pulling-power for Russia's money spinners, dangerous ratios
and more?
Who
will stand-up for the average Cypriot citizen, on average incomes, with average
savings made over many years, or few, of honest work and moderate spending?
The
time has come for plain good sense - if uncommon - to be displayed by those entrusted
with the government of nations as well as those leading major multinational
institutions.
Cyprus may be small.
The
individual Cypriot is the same size as the individual German, Dutch or Finn.