Cyprus/bailout: 'ailing banking sector' is 'biggest problem' Analysts on Monday slammed the 'ailing banking sector' as the 'biggest problem' of the Cyprus' economy, following last weekend's announcement of an EU bailout deal that slaps a levy on bank savings under harsh terms that have jolted global markets and raised fears of a new eurozone debt crisis. Interview with Tobias Blattner, Euro area Economist.