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The Irish EU presidency said Cyprus will never happen again (Photo: EUobserver)

EU leaders under fire over Cypriot 'fiasco'

EU leaders were in the firing line in Strasbourg on Wednesday (17 April), as MEPs accused them of "grave mistakes" over the Cypriot bailout.

Hannes Swoboda, the Austrian leader of the Socialist and Democrat group, accused German finance minister Wolfgang Schauble of "neocolonial behaviour" in terms of forcing Cyprus to seize money from some wealthy bank depositors' accounts.

He also called on the European Commission to disband the troika - a partnership between the commission, th...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

The Irish EU presidency said Cyprus will never happen again (Photo: EUobserver)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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