Cyprus needs cash, half the value of its total economy (oops, its spreading)

[Large Sarge]

http://www.reuters.com/article/2012/06/26/us-cyprus-bailout-aid-idUSBRE85P0F020120626

[osoab]

ZH covered this scenario a day or two before the Greek elections.

They had something yesterday too.

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Greek Finance Minister Resigns Just Days After Appointment; Cyprus Officially Requests Bailout (http://www.zerohedge.com/news/greek-finance-minister-resigns-just-days-after-appointment-cyprus-officially-requests-bailout)


Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 06/25/2012 - 12:12 China (http://www.zerohedge.com/taxonomy/term/139)
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/06/Rapanos.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/06/Rapanos.jpg)

This has to be a record:

GREEK FINANCE MINISTER RAPANOS RESIGNS; PRIME MINISTER ACCEPTS
This is the same guy who was appointed last week, and who fainted after seeking the official Greek numbers. In fact we are not sure he ever got an official appointment.

And elsewhere:
CYPRUS REQUESTS EU AID
CYPRUS SEEKS EXTERNAL FINANCIAL ASSISTANCE FROM EURO AREA: China just said NEIN
Prepare the bath salt firehose.

[Large Sarge]

France is next

http://marketmontage.com/2012/06/26/cyprus-yesterday-italy-next-but-france-eventually/

[osoab]

France is next

http://marketmontage.com/2012/06/26/cyprus-yesterday-italy-next-but-france-eventually/

I don't think France falls until Italy has been in daily headlines and Spain has been Greeced. Ireland and renegotiation of their bailout terms is still on the plate too. Don't forget Portugal.

Maybe we will get the German populace rise up, throw out Merckel, and give the rest of Europe the finger. I can dream can't I?