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The Cyprus crisis is the first major event of 2013 which proves that the stability of the single currency remains fragile. Although the Cypriot economy makes up less than 0.2 percent of the euro zone, recent events on the island are indicative of what is going to happen if a bigger debt-laden country of South asks for a bailout in order to save its financial sector. Images of shuttered banks and queues at cash points were a matter of hours after the terms of the Euro group plan had been rejected by the Cypriot parliament.

There are many specific traits in the case of Cyprus, such as its position at the crossroad of three continents, its involvement in the geostrategic game of energy resources, the exposure of its banks to the Greek debt, and a national business model based on low taxes and foreign capital. The complexity of the issue prohibits, at least for the time being, any attempt for clear-cut explanations and viable solutions to the problems. Maybe the symbolic language of astrology can provide an insight for the present as well as for the future evolvement of the situation.

Horoscope of Cyprus

The Gemini ascendant and its ruler Mercury in the third house hint at the brightness, the communicative abilities and the mercantile spirit of its people. Sun, Venus and Pluto at the IC stand for the submarine resources of the island and Uranus opposing the Mc indicate the political instability which has plagued the island for decades. Despite its natural riches, the conjunction Mars-Moon (ruler of the 2nd financial house) near the ascendant shows that the average per capita income of the country has never been high. This indication is accentuated by the position of the frugal Saturn on the cusp of the 8 house. A strong Jupiter in the 7 reminds us that, one way or another, the island has never been without powerful allies and protectors. Neptune in the 5 depicts fuzzy outlines of speculation in the markets, mainly through off-shore companies.

This month, with six planets transiting its 10 house, Cyprus inevitably became the epicenter of global attention, as it must choose between a bailout that essentially punishes ordinary savers along with Russian investors and a deal with Moscow with as yet unknown unilateral obligations. Nonetheless, the problem did not arise out of nowhere. Less than a year ago the incumbent minister of Finances, then in the capacity of chairman of Cyprus Popular Bank, was trying to keep his institution afloat, turning to Russia rather than the Union. Last November the mire situation of Cypriot economy and the urgent need for a European bailout was in the agenda of the Euro group. At the same time, the eclipse of November 11, at 22° Scorpio, was squaring the Sun of this horoscope. Decisions were postponed until the Presidential elections.

On March 17, a Yod -the "finger of God" in mundane astrology- pointed at the Mars-Moon conjunction of Cyprus. It is a configuration of a sextile (60°) between two planets (Saturn and Neptune, in this case) both connected by 150° (quincux) with another one (Jupiter) which is at the apex of the aspect.  The quincux seeks to adjust in order to bring stability. Astrologer Bill Tierney describes this formation as arriving at a crossroad and having to proceed in one direction rather than another without knowing where it will lead to. This is the present situation in Cyprus, where policymakers hope they can monetize their relations with Russia whilst they are betting on Europe.

On the other side, until 2015 Pluto is transiting over n. Saturn, which is also affected by a square from Uranus this year. In the short term, this is little promising for the banking system of Cyprus and signifies sudden reversals and hardship for its financial institutions. However, Pluto will remain until 2025 in the 8 house, bringing about total transformation of the banking and tax system. Pluto's regenerating effect can establish a powerful national economy, even if it is based on foreign -obscure to some- capital and investments.

In April Venus, Mars, Sun and Mercury will enter the 11 house of Cyprus, paving the way for Uranus which is already on its cusp. This is the sector of hopes, friends and allies of a nation. It also signifies the parliament, legislation, and supporters of the government. National programs and schemes for improvement along with gains from other states and from foreign trade are indicated by the condition of this house. Thus next month will be a very intense month for the Cypriot governing bodies. National fraternal and civic organizations will gather around the government boosting its efficiency. As well, Cypriots will see help coming from many directions abroad. Greece will certainly lend a helping hand as the charts of both states have the same domification. 

In May tr. Jupiter, Venus and Mercury will enter the 1st house and, by the end of the month, they will form an opposition to natal Jupiter. Thus, the last week of May might be a short period of over-optimism and doubtful financial ventures. It is a turning point that may require careful thought and good judgment. Inevitably the issue of the island's energy resources arises. So far, about 200 billion cubic meters of natural gas have been discovered in the Aphrodite gas field, but the figures still have to be audited. Cyprus hopes to start exporting in 2018, but analysts say extracting the gas might be more costly and slower than Nicosia thinks. The solar eclipse of May 10 at 6 Scorpio affects the Mercury of Cyprus, weakening its capacity for international accords. Yet, in traditional astrology such eclipses are considered as propitious for secret arrangements and agreements. 

In conclusion, Cyprus will surpass its current crisis in the months to come. Nonetheless, it is entering a six-year period of introversion and reorganization, both of its financial and international status. The Mars-Jupiter-Uranus-Pluto grand cross of April 2014, which to my view spells the disintegration of the euro zone, happens in the 2-8-11-5 houses of the chart of Cyprus and the monetary status of the island will be affected. Under such conditions, the return to a national lira seems inevitable, if not preferable.