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Is Cyprus a Victim of Institutional Discrimination?


The “pundits” in the Eurogroup that devised the “plan” to “save” Cyprus by confiscating people’s money directly from their bank accounts, said and keep saying that the measure is not going to serve as a template for other European Union countries facing similar problems and that Cyprus was a unique case that required an one time “therapy” which is not to be repeated.

Although the Dutch President of the Eurogroup Jeroen Dijsselbloem – try to pronounce his last name if you think “Galifianakis” is hard – on a self-confessing mood or attempting to save face for his institution, said just that: the measure could serve as a template, sending the message that no bank in the EU is to be trusted.

Those characters are so deep in their own troubles and can’t see that what they said and did ran contrary to the spirit of equality on which the EU is based. Every country-member is unique and if you are going to call for a “one time measure” on a particular member only it’s DISCRIMINATION.

In other words, either the measure stands constitutionally in which case it can be applied to all members or it’s illegal and should be repealed!

Demetrios Rhompotis is a journalist based in New York and publisher of NEO magazine (

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