The main parties in Cyprus are for the deal, but at least one of the smaller political parties has indicated that it will not support the scheme. If other smaller parties follow the lead of the Greens the island could reject the deal. My bet is, however, that the EU is not going to stand by and let a couple of malcontents (as they I am sure the EU sees critics in Cyprus) scuttle their efforts.
European MP Nigel Farage explains that the EU does not respect democracy and does not respect the rule of law. He tells his fellow Brits living in southern Europe to move their money back to the UK while they still can.
Most Americans don’t know where Cyprus even is. But just know that this island nation has long been a Mediterranean refuge from the cold for many Europeans. These same Europeans do a good bit of banking on the island also. Cyprus is kind of like the Bahamas for Brits and Germans.