Troika Approves MOU on Cyprus

The troika has finalized a memorandum of understanding (MOU) on the Cyprus bailout. The MOU won't be made public until after a meeting of eurozone finance ministers in Dublin next week. According to a story by James Kanter, "I.M.F. and Europe Set Tough Terms for Cyprus Bailout,"

Though it has not yet been made public, officials say the agreement includes budget cuts, the privatization of state-owned assets and other conditions Cyprus must meet.

The MOU has to be approved  by not only the Cypriot Parliament but by the 16 other eurozone countries as well. Managing director of the IMF, Christine Lagarde, who according to Kanter has been the bad cop in these bailout negotiations, says the main fiscal measure in the MOU is raising the corporate tax in Cyprus to 12.5% from 10%.

The question I have: Why, if you're a member of parliament in Cyprus, would you voluntarily opt to go the way of Greece?