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The nasty way that this crisis has been resolved - and the message that has now been sent to private creditors - may well have lasting implications, even if the agonies of the Cyprus economy do not.
BBC: Lessons of Cyprus
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This issue has been resolved.
ENGADGET: Nikon releases D4 firmware 1.02 with minor display, formatting, network stability improvements in tow
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This to-do list is alarmingly long, which is why European politicians are deluding themselves if they think the Greek crisis has been resolved with this week's rescue.
ECONOMIST: Greece's debt crisis
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"It is unfortunate that a matter that could have been mutually resolved has taken this course, " said Serge Gregory Martin, an executive vice president at Telcom Ventures.
WSJ: Deutsche Telekom, U.S. Firms Scrap With India Over Scuttled Satellite Deal
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This morning, a new statement tells us that the issue has finally been resolved.
BBC: Blackberry's message goes missing
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For some borrowers, such as individuals with large deferred compensation arrangements or who are expecting a large inflow of cash in the near future (access to trust funds becomes available, a legal settlement has been resolved and payout is imminent, etc.) this arrangement allows them to access their full borrowing potential without committing to immediate payment.
FORBES: The State of Negatively Amortizing Loans
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But talks resumed this week, and now officials from both sides indicate the wage issue has been largely resolved.
NPR: Business, Labor Close On Deal For Immigration Bill
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This has been the week when the European authorities (with Lagarde behind the scenes) have resolved to come to grips with their debt woes and all that goes with them.
FORBES: Europe's Twilight Struggle to Man Up