He said he had received information about individuals and businesses moving money out of Cyprus weeks ahead of the bailout deal a move that wouldn't be illegal but could imply that some depositors had warning that negotiations for a bailout could, for the first time in the financial crisis that has rattled the euro zone, take a cut out of regular bank deposits.
Over recent years, European politicians also reacted only to periodic scary plunges in their stock and bond markets, taking belated and panicked actions each time to repeatedly kick the euro-zone debt crisis down the road.