Worried about Cyprus

I think I have mentioned on here before that part of my family lives in cyprus: my maternal grandparents came here after the war, met and set up a family. Many of my relations still live on the island, so I’m very worried about the current state of affairs there. While my parents assure me that, as far as they know, my aunts and uncles are okay, the fact that I feel I barely understand the economics does not help. I know the cypriot government has taken to taking directly from people’s bank accounts – Dad just explained to me that, given the size of the cypriot economy they had no choice, there isn’t anywhere else to take the money from. Nevertheless this seems a dire step indeed. I just hope my family and friends are okay, that they can weather this storm, and that things on that beautiful island do not get much worse.

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