The politicians and financiers are scrambling to agree on a deal that would bail out Cyprus and its banks, which are badly in need of a $20 billion loan. Possible solutions include nationalizing pensions, selling a bank to Russia, or taking money out of average Cypriot savers' bank accounts. But might they also have a more divine savior?
The head of Cyprus' Orthodox Church, Archbishop Chrysostomos II, has offered to mortgage the church's assets to get Cyprus out of its financial hole. How much...Full Story