Mediactivist
While the idea of bailing-in the Cypriot banks was good idea in principle, the way the Cypriot government and the troika implemented was very badly designed – not to say scandalously unfair. Now it’s up to the Cypriot People to demand a better plan. But which one? Everyone is blaming the troika for having tried to […]
» Read moreCurrent negotiations between the EU and Cyprus’s government towards a bailout deal for over-indebted Cyprus could lead to an important confession from the troika: yes, private investors must and can pay the price of the crisis.
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Th FT Alphaville mentions my analysis of the balance sheet of the central bank of Cyprus.
» Read moreThe last balance sheet released by the Central bank of Cyprus confirms that the cypriot banking sector is under emergency liquidity assistance injection.
» Read moreThe European Central Bank is suspected to have lent more extra money to banks than we knew so far. While some people suspect spanish banks for being beneficiary of such operations, Cyprus’s banking system could also be concerned. Here are at least some intriguing evidences.
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