Planet Money
10:36 pm
Tue March 19, 2013

Episode 445: Cyprus Takes Away The Security Blanket

Originally published on Wed March 20, 2013 10:50 am

We'll be honest: We thought we were through with the crisis in Europe, at least for a while. The continent seemed to be muddling though just fine. So we shut down our hotline to the European Central Bank and boxed up our copies of the Maastricht treaty.

But this weekend, we woke up to find we were wrong. Late night foreign minister meetings, lines at the ATMs, protests in the street — it's all back.

The crisis has emerged again in an unlikely place. On today's show: Why did the world freak out over the Cyprus bailout?

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