Monday, May 20, 2013

Cyprus: The Next stage in Euro Crisis




Cypriots have been on the streets demanding their money back ever since the government took the incredible decision to take money out of the savings of its people, without asking them.


"It's worse than a war. At least in a war you know who your enemies are" a Cypriot said.

The government has since reversed its decision but the crisis has just begun. Who are the Cypriots enemies? Many say Germany and many say the EU.

On this week's INFocus, we travel to Cyprus to document the next chapter in the European economic crisis. First it was Greece, Portugal, Spain and Ireland, now it is Cyprus.