It will do a lot of damage to the banking system both in Cyprus and Europe in general.

总体而言，它会给塞浦路斯和欧洲的银行体系带来很多伤害。

youdao

In the banking sector, non-performing loans are reaching worrying levels in some member states, especially in Cyprus, Greece, and Italy, casting doubts over the resilience of Europe's banking sector.

首先说银行业。在一些欧元区成员国中，特别是塞浦路斯、希腊和意大利三国，银行业的不良贷款率已经达到令人担忧的水平，让人不禁质疑欧洲银行业的抗风险能力。

youdao

The Dow is already up 15% this year, despite a battle in Congress over the federal deficit and a banking crisis in Cyprus that threatened to derail the euro zone's recent improvement.

WSJ: Dow Closes Above 15000

Whereas the financial-banking crisis in 2008-2009 saw the U.S. government enacting bail-outs, the financial-banking crisis in Cyprus in March-April saw the local government enacting bail-ins.

FORBES: Bankruptcies, Bail-Outs & Bail-Ins: The Good, Bad & Ugly Of Bank Failure Resolution

The Dow is already up 15% this year, despite a congressional battle over the federal deficit and a banking crisis in Cyprus that threatened a flare-up in the euro zone's continuing debt woes.

WSJ: Dow Closes Above 15000