1 Chapter 8 Cyprus’ explosion: financial crisis and anti -austerity mobilization Markos Vogiatzoglou Introduction Cyprus became a full member of the EU in 2004. Its leadership at the time had the explicit goal to seĐuƌe the ĐouŶtƌLJs participation in the Eurozone as soon as possible, with the hope of thus resolving the longstanding political issues deriving from the islaŶds de faĐto diǀisioŶ iŶto the northern and southern sectors following the Turkish Armys invasion in 1974 and the military A version of the chapter was published in the book Late Neoliberalism and its Discontents in the Economic Crisis. Please cite this chapter as follows: Vogiatzoglou, Markos, 2016. CLJprus’ edžplosion: financial crisis and anti -austerity mobilization, in della Porta, D., M. Andretta, T. Fernandes, E. Romanos, F. OCoŶŶoƌ aŶd M. Vogiatzoglou, Late Neoliberalism and its Discontents in the Economic Crisis. Cham: Palgrave Macmillan.