What was wrong with the EU’s proposed bailout of Cyprus’ banks?

By no means am I an economic expert but ... the size of the bailout ($2.6bn USD) and the entrenched problems in the bailout (and their economic forecast) make it highly unlikely that Cyprus is a good risk to ever pay the loan back.

Some of the problem relates to the simultaneous massive bailout of other EU countries:

http://www.bbc.co.uk/news/business-22506385

Bit of a leading question, but here's a link that gives you the ins and outs, then you can maybe make up your own mind.

www.bbc.co.uk/news/business-21922110

Snap!

Further details on Cypriot economy and economic environment are found here:

http://en.wikipedia.org/wiki/Economy_of_Cyprus