In a New York Times opinion piece entitled A Bank Levy in Cyprus, and Why Not to Worry, Andrew Ross Sorkin assured his readers that farfrom Armageddon the Cyprian banking crisis is unique and therefore nothing to worry about.
There is even a worry that European governments, from tiny Cyprus to far bigger Italy, might flood the market by selling off state-owned gold to raise funds.
Farfrom seeing this as the economic equivalent of a hole-in-one, some townsfolk worry that their ancient town is being turned into a golfing Disneyworld.