Will The Euro Collapse With Cyprus Banks?

Could a failed bank robbery in Cyprus cause the collapse of the Euro? It’s hard to imagine how anything that happens in Cyprus, with less than one million people, could bring down the common currency shared by 300 million Europeans, but there are few human behaviours as infectious as a run on the banks. Strictly speaking, the Greek-Cypriots are not having a bank run, because their banks have all been closed since last Saturday and the cash machines will only give out 500 euros (about $650) per customer...