July 29, 2012
In Cyprus, a New Generation Inherits Conflict
Christopher Torchia, Associated Press
In a strange twist, divided Cyprus has taken on a role meant to unify, this month assuming the rotating presidency of the European Union, a six-month stint that gives it a self-promotional platform even as it scrambles for a multi-billion dollar bailout to support its troubled banks. In another quirk of split-screen Cyprus, it is seeking money from oil-rich Russia, an increasingly important friend, in addition to the EU, as it tries to avoid the austerity measures that would likely come with any European aid.
TAGGED: Turkey, Greece, Cyprus