In what has become a depressingly familiar EU template, yet another "eleventh hour" deal was reached between the European Central Bank (ECB) the European Commission (EC) and the International Monetary Fund (IMF)--known as the "troika"--and Cypriot President Nicos Anastasiades to avoid national bankruptcy. "It's been yet another hard day's night," European Union Economic and Monetary Affairs Commissioner Olli Rehn told reporters in Brussels, where the deal was put together. "There were no optimal solutions available, only hard choices."
