Geopolitical Implications of an Economical Force Affected by the Eurozone Crisis: The Case of Cyprus
Cyprus is in many ways unique in Europe. The Greek-speaking part of the island, a member of the euro currency union since 2008, has 790,000 people, about the same population as Columbus, Ohio. And as the easternmost outpost of the European Union, Cyprus is much closer to Beirut than to Athens. In this paper, we are going to examine Cyprus economy related to the Eurozone crisis. Could Cyprus avoid signing the memorandum?