With large amounts invested in the Greek markets isnt the south going to be hit by a banking crisis? knock on effect from heaving investment in Greel government bonds that are now worthless.
The crisis in Greece has already affected Cyprus and it will affect it more if Greece restructures its debt. But don't hope for some catastrophe to happen here, it will not. Our banks are strong and the government can support them if necessary.
Obviously you know nothing about the banks in Turkey after the crisis of 2000 they have become one of the most advanced in the world way ahead of your antient heavily Greek bond invested money market collapsed time bomb, your administration could not bail themout even if they wanted your coffers are empty.
The way the problems is depicted in other countries' press is that too much cash is being moved from affliced economies, like Greece, Portugal and Spain to the relative security of Cyprus banks. They must know something VP does not know.