The burden of bailing out the country’s ailing financial institutions was too heavy for an already-indebted Cypriot state, and the International Monetary Fund was adamant that it would not pretend otherwise. So, in mid-March, Cyprus was heading for a precipitous retrenchment of its banking system, resulting in the loss of a very large part of the country’s financial wealth.
在塞浦路斯危机期间，欧洲决策者一直在经历同样的两难。援助国内麻烦重重的金融机构对已然债务深重的塞浦路斯来说负担太重，IMF坚持它不会假装没看见。因此，在3月中旬，塞浦路斯开始走向银行系统的突然崩溃，导致该国金融财富的巨大损失。对IMF和德国来说——它们是这一结果的推手——重要的是防止道德风险的需要。