The Cypriot Parliament has now voted against the foolish financial
package that the EU leaders were trying to impose on them. Instead of a sleepless
night the bosses of Europe should think about reaching out towards Russia and
getting the Kremlin to cost-share the rescue of Cyprus’ banking system. This
would be a strategic move. It would build a concrete bridge between the EU and
Russia, at a time when many years of empty grand rhetoric have achieved nothing
in terms of a real partnership between the two sides. It would also contribute
to stabilize the markets which have been seriously affected by Brussels’
decision and will be further destabilized by tonight’s impasse, after the
parliamentary vote.
All this requires vision, courage and humility. These are
exactly the commodities that have become rare in the EU corridors of power.
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