You make a very good point. On the other hand, how much of Cyprus’s hair-brained economic policies were predicated on the belief that, being part of the EMU, they would not be allowed to fail?
I think Cypriots were pretty ok under EU until just recently.
I don’t understand Merkel’s anger as well. If you allow a bum in your home it is plain dumb to whine about trashed kitchen and missing appliances.