"We are small...but proud"

People eat at a restaurant under a banner placed by the owner in central Nicosia March 20, 2013. For three years, the euro zone crisis has played out according to a familiar pattern: German Chancellor Angela Merkel took a rock-hard line towards struggling southern states only to buckle at the last minute and offer aid when disaster threatened. No longer. With Cyprus, a tiny Mediterranean island that for Berlin exemplifies much of what is rotten with Europe's currency bloc, this pattern may be finally breaking down. The banner reads, "My proud Cyprus with the big No". To match Analysis EUROZONE-CYPRUS-GERMANY/  REUTERS/Yorgos Karahalis (CYPRUS - Tags: POLITICS BUSINESS)

( YORGOS KARAHALIS / REUTERS / March 20, 2013 )

People eat at a restaurant under a banner placed by the owner in central Nicosia March 20, 2013. For three years, the euro zone crisis has played out according to a familiar pattern: German Chancellor Angela Merkel took a rock-hard line towards struggling southern states only to buckle at the last minute and offer aid when disaster threatened. No longer. With Cyprus, a tiny Mediterranean island that for Berlin exemplifies much of what is rotten with Europe's currency bloc, this pattern may be finally breaking down. The banner reads, "My proud Cyprus with the big No". To match Analysis EUROZONE-CYPRUS-GERMANY/ REUTERS/Yorgos Karahalis (CYPRUS - Tags: POLITICS BUSINESS)

  • Email E-mail
  • add to Twitter Twitter
  • add to Facebook Facebook
CTnow is using Facebook comments on stories. To comment on ctnow.com articles, sign into Facebook and enter your comment in the field below. Comments will appear in your Facebook News Feed unless you choose otherwise. To report spam or abuse, click the X next to the comment. For guidelines on commenting, click here.