Cypriot banks and some sneaky emergency loans (FT Alphaville)
Th FT Alphaville mentions my analysis of the balance sheet of the central bank of Cyprus.
» Read moreDay: May 11, 2012
Confirmed: Eurosystem is rescuing Cypriot banks through ELA
The last balance sheet released by the Central bank of Cyprus confirms that the cypriot banking sector is under emergency liquidity assistance injection.
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