THE EU

So are in the end game for the EU? So far the Cyprus farce is carrying on with yet another bail out the the country. But who will pay for all of this? 8.5 billion pounds or 10 billion euros In return for the rescue funds, Cyprus has to restructure its banking system under the EU - IMF plan The countries second largest bank known as Laiki will now be split into two, known as the 'good and the bad' So we know how the funding of the bail out will take... Not taking money from the banks ,but from deposits held within them Deposits above 100,000 euros which under EU rules are not insured, will be frozen and used to resolve the debt This will raise about 4.2 billion euros From recent years how long will Cyprus last,after this money has been used, what will the EU take next?