The EU crisis edges back into the news cycle as the Germans make noises about not rescuing...

|By:, SA News Editor

The EU crisis edges back into the news cycle as the Germans make noises about not rescuing Cyprus - the eurozone's 3rd smallest economy. The country banks - a nice offshore haven for sweethearts from places like Russia - have assets 8X greater than annual GDP and are essentially insolvent. Look for a bailout soon as the rest of Europe disagrees with Germany's stance.