Cyprus to face savage cuts and economic dictatorship - World Socialist Web Site
▻http://www.wsws.org/en/articles/2013/03/23/cypr-m23.html
Cyprus to face savage cuts and economic dictatorship
By Jordan Shilton and Chris Marsden
23 March 2013
Cyprus’ fate illustrates how the European Union imposes the dictatorship of the global speculators, banks and corporations on the working class. The EU yesterday continued to demand massive austerity in Cyprus to raise €6 billion ($7.8 billion) in return for a €10 billion bank bailout.