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: central bank of Cyprus 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.
» Read moreA quiet bailout of Cypriot banks
The central bank of Cyprus has been discretely bailing out cypriot banks through emergency liquidity assistance operations since september 2011, my analysis reveals. Read it here.
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