the trust is lost forever...Cyprus banks will run all the way to zero. The people of Cyprus know that they have a small window to get their money...Thursday and Friday. Any person that leaves their cash in the bank deserves to lose it, imo.
Mass contagion, just wait and see. WW! started over a tiny little country...watch how this plays out in Italy and Spain...this was a trial balloon to test the waters. The entire euro district will never recover from what the banksters and gov't think they have the right to do.